American Airlines loss narrows as travel demand picks up

50
15
Favorite

American Airlines loss narrows as travel demand picks up

Reuters2021-04-22

April 22 (Reuters) - American Airlines Group Inc on Thursday reported a smaller quarterly loss as rising vaccination rates prompted more people to opt for air travel.

First-quarter revenue of $4.0 billion, down 53% year over year on a 39% year-over-year reduction in total available seat miles (ASMs).
First-quarter net loss of $1.3 billion, or ($1.97) per share. Excluding net special items1, first-quarter net loss was $2.7 billion, or ($4.32) per share.
Raised $10 billion through debt offering backed by the AAdvantage program and used a portion of the proceeds to prepay in full the secured loan from the U.S. Department of the Treasury.
Ended the first quarter with approximately $17.3 billion of total available liquidity. Company expects to end the second quarter with approximately $19.5 billion in total available liquidity.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（15）

Mr小白
·2021-04-25
Now the best time to buy?
Reply
Like
Report
JoHo
·2021-04-24
Come on AA! You can do it!
Reply
1
Report
LoLoMiNi
·2021-04-24
Meaning we wil back to normal soon?
Reply
Like
Report
idk6874
·2021-04-23
Buy ?
Reply
1
Report
Summerbath
·2021-04-23
Buy and like
Reply
2
Report
gzx23
·2021-04-23
Sooner or later
Reply
Like
Report
delwyn_leong
·2021-04-23
??
Reply
1
Report
ThaigerB
·2021-04-23
Good?
Reply
Like
Report
AppleMango
·2021-04-23
Time to buy? Pls like n comments
Reply
3
Report
Valluru
·2021-04-23
Good.
Reply
Like
Report
Pangabui
·2021-04-23
Monitoring
Reply
1
Report
来人
·2021-04-22
BUY? ?
Reply
2
Report
Yani94
·2021-04-22
But demand is still lower
Reply
1
Report
Fold Replies
- StepUp:
  It will continue to pick uo
  2021-04-23
  Reply
  Report
YTL
·2021-04-22
[驚訝]
Reply
1
Report
yinfatt
·2021-04-22
Time to rebound
Reply
2
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2129389471?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-04-22 19:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2129389471","market":"us","top_or_hot":-1,"title":"American Airlines loss narrows as travel demand picks up","media":"Reuters","content":"<p>April 22 (Reuters) - American Airlines Group Inc&nbsp;on Thursday reported a smaller quarterly loss as rising vaccination rates prompted more people to opt for air travel.</p><ul><li><b>First-quarter revenue of $4.0 billion, down 53% year over year on a 39% year-over-year reduction in total available seat miles (ASMs).</b></li><li><b>First-quarter net loss of $1.3 billion, or ($1.97) per share. Excluding net special items1, first-quarter net loss was $2.7 billion, or ($4.32) per share.</b></li><li><b>Raised $10 billion through debt offering backed by the AAdvantage program and used a portion of the proceeds to prepay in full the secured loan from the U.S. Department of the Treasury.</b></li><li><b>Ended the first quarter with approximately $17.3 billion of total available liquidity. Company expects to end the second quarter with approximately $19.5 billion in total available liquidity.</b></li></ul><p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>American Airlines loss narrows as travel demand picks up</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmerican Airlines loss narrows as travel demand picks up\n</h2>\n\n<h4 class=\"meta\">\n\n2021-04-22 19:02 北京时间&nbsp;&nbsp;&nbsp;<strong>Reuters</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>April 22 (Reuters) - American Airlines Group Inc on Thursday reported a smaller quarterly loss as rising vaccination rates prompted more people to opt for air travel.First-quarter revenue of $4.0 ...</p>\n\n<a href=\"None\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AFG","symbol_name":"美国金融集团有限公司","start_time":0,"source_url":null,"article_id":"2129389471","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2129389471","pubTimestamp":1619089378,"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"April 22 (Reuters) - American Airlines Group Inc on Thursday reported a smaller quarterly loss as ri","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"AFG":"美国金融集团有限公司","AAL":"美国航空","AXP":"美国运通"},"translate_title":"出行需求回升美国航空损失收窄","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAL":0.9,"AFG":0.9,"AMSWA":0.9,"AXP":0.9},"content_text":"April 22 (Reuters) - American Airlines Group Inc on Thursday reported a smaller quarterly loss as rising vaccination rates prompted more people to opt for air travel.First-quarter revenue of $4.0 billion, down 53% year over year on a 39% year-over-year reduction in total available seat miles (ASMs).First-quarter net loss of $1.3 billion, or ($1.97) per share. Excluding net special items1, first-quarter net loss was $2.7 billion, or ($4.32) per share.Raised $10 billion through debt offering backed by the AAdvantage program and used a portion of the proceeds to prepay in full the secured loan from the U.S. Department of the Treasury.Ended the first quarter with approximately $17.3 billion of total available liquidity. Company expects to end the second quarter with approximately $19.5 billion in total available liquidity.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":375664115,"gmtCreate":1619334326637,"gmtModify":1704722611246,"author":{"id":"3561677110311504","authorId":"3561677110311504","name":"Mr小白","avatar":"https://static.tigerbbs.com/6254bbf8c65e8c668db8db59c22ae5d7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3561677110311504","authorIdStr":"3561677110311504"},"htmlText":"Now the best time to buy?","listText":"Now the best time to buy?","text":"Now the best time to buy?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/375664115","repostId":2129389471,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":372451381,"gmtCreate":1619236206843,"gmtModify":1704721681012,"author":{"id":"3571654919705737","authorId":"3571654919705737","name":"JoHo","avatar":"https://static.tigerbbs.com/f6abe4a1fabaa50223737e93c50ec182","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3571654919705737","authorIdStr":"3571654919705737"},"htmlText":"Come on AA! You can do it!","listText":"Come on AA! You can do it!","text":"Come on AA! You can do it!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372451381","repostId":2129389471,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":372278737,"gmtCreate":1619224607629,"gmtModify":1704721440901,"author":{"id":"3567689959878849","authorId":"3567689959878849","name":"LoLoMiNi","avatar":"https://static.tigerbbs.com/95f5762ae58c6404aba4062f7aa3dae6","vip":1,"crmLevel":7,"crmLevelSwitch":1,"idStr":"3567689959878849","authorIdStr":"3567689959878849"},"htmlText":"Meaning we wil back to normal soon?","listText":"Meaning we wil back to normal soon?","text":"Meaning we wil back to normal soon?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372278737","repostId":2129389471,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":372360523,"gmtCreate":1619179059862,"gmtModify":1704720837140,"author":{"id":"3579864425112743","authorId":"3579864425112743","name":"idk6874","avatar":"https://static.tigerbbs.com/4a303d3c269d50732762894111cfabfc","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3579864425112743","authorIdStr":"3579864425112743"},"htmlText":"Buy ?&nbsp;","listText":"Buy ?&nbsp;","text":"Buy ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372360523","repostId":2129389471,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":372074676,"gmtCreate":1619164820995,"gmtModify":1704720623047,"author":{"id":"3578878747985308","authorId":"3578878747985308","name":"Summerbath","avatar":"https://static.tigerbbs.com/a6d3eff907866884245dcbb5f14de700","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3578878747985308","authorIdStr":"3578878747985308"},"htmlText":"Buy and like&nbsp;","listText":"Buy and like&nbsp;","text":"Buy and like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372074676","repostId":2129389471,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":376740554,"gmtCreate":1619152141078,"gmtModify":1704720456797,"author":{"id":"3575699199538373","authorId":"3575699199538373","name":"gzx23","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3575699199538373","authorIdStr":"3575699199538373"},"htmlText":"Sooner or later&nbsp;","listText":"Sooner or later&nbsp;","text":"Sooner or later","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376740554","repostId":2129389471,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":376752712,"gmtCreate":1619151694836,"gmtModify":1704720451277,"author":{"id":"3577688823767452","authorId":"3577688823767452","name":"delwyn_leong","avatar":"https://static.tigerbbs.com/7d9fcfd7b2473ebcca542a3d11c2cc4e","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3577688823767452","authorIdStr":"3577688823767452"},"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376752712","repostId":2129389471,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":376759926,"gmtCreate":1619151229565,"gmtModify":1704720443676,"author":{"id":"3579576204997725","authorId":"3579576204997725","name":"ThaigerB","avatar":"https://static.tigerbbs.com/8a8c11fe841ba6ed0f15e36becdaa772","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3579576204997725","authorIdStr":"3579576204997725"},"htmlText":"Good?","listText":"Good?","text":"Good?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376759926","repostId":2129389471,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":376790952,"gmtCreate":1619146564676,"gmtModify":1704720360967,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3567141277226150","authorIdStr":"3567141277226150"},"htmlText":"Time to buy? Pls like n comments&nbsp;","listText":"Time to buy? Pls like n comments&nbsp;","text":"Time to buy? Pls like n comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376790952","repostId":2129389471,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":376579466,"gmtCreate":1619139133555,"gmtModify":1704720197765,"author":{"id":"3575858368564778","authorId":"3575858368564778","name":"Valluru","avatar":"https://static.tigerbbs.com/02a9c96f8314ba060ee85f06d50e1df9","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3575858368564778","authorIdStr":"3575858368564778"},"htmlText":"Good.","listText":"Good.","text":"Good.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376579466","repostId":2129389471,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":376682809,"gmtCreate":1619110035001,"gmtModify":1704719867987,"author":{"id":"3570444284639989","authorId":"3570444284639989","name":"Pangabui","avatar":"https://static.tigerbbs.com/32b4b9242d9aab94ee79aaaf573818e8","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":2,"crmLevelSwitch":0,"idStr":"3570444284639989","authorIdStr":"3570444284639989"},"htmlText":"Monitoring&nbsp;","listText":"Monitoring&nbsp;","text":"Monitoring","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376682809","repostId":2129389471,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":376833567,"gmtCreate":1619101788659,"gmtModify":1704719699508,"author":{"id":"3575544575320394","authorId":"3575544575320394","name":"来人","avatar":"https://static.tigerbbs.com/0af89587decbb8a1d3e1596adc29cb98","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3575544575320394","authorIdStr":"3575544575320394"},"htmlText":"BUY? ?","listText":"BUY? ?","text":"BUY? ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376833567","repostId":2129389471,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":376348271,"gmtCreate":1619093600893,"gmtModify":1704719512467,"author":{"id":"3578815851933102","authorId":"3578815851933102","name":"Yani94","avatar":"https://static.tigerbbs.com/574b6d895fae79decd3eed14879f3195","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578815851933102","authorIdStr":"3578815851933102"},"htmlText":"But demand is still lower&nbsp;","listText":"But demand is still lower&nbsp;","text":"But demand is still lower","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/376348271","repostId":2129389471,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4111084,"gmtCreate":1619155491429,"gmtModify":1680785237457,"authorId":3579003441195579,"author":{"id":3579003441195579,"idStr":"3579003441195579","authorId":3579003441195579,"name":"StepUp","avatar":"https://static.tigerbbs.com/3958f91f87396a3c9b8dda18a1d9c196","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":376348271,"type":1,"supId":0,"prevId":0,"content":"It will continue to pick <u>uo</u>","text":"It will continue to pick <u>uo</u>","html":"It will continue to pick <u>uo</u>"}],"langContent":"EN"},{"id":376348320,"gmtCreate":1619093584860,"gmtModify":1704719512116,"author":{"id":"3563791180983605","authorId":"3563791180983605","name":"YTL","avatar":"https://static.tigerbbs.com/759b592919510144ccd5ac678a7bf976","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3563791180983605","authorIdStr":"3563791180983605"},"htmlText":"[驚訝]&nbsp;","listText":"[驚訝]&nbsp;","text":"[驚訝]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376348320","repostId":2129389471,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":376329798,"gmtCreate":1619091628714,"gmtModify":1704719481645,"author":{"id":"3568592803065563","authorId":"3568592803065563","name":"yinfatt","avatar":"https://static.tigerbbs.com/7a23c5020f38941c73ef9797c191ba65","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3568592803065563","authorIdStr":"3568592803065563"},"htmlText":"Time to rebound&nbsp;","listText":"Time to rebound&nbsp;","text":"Time to rebound","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376329798","repostId":2129389471,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":50,"commentSize":15,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}