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American Airlines Q3 revenue down 73%

Christian Fernsby |
American Airlines Group reported its third quarter 2020 financial results.

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Topics: AMERICAN AIRLINES   

Third quarter revenue of $3.2 billion, down 73% year over year on a 59% year over year reduction in total available seat miles (ASMs).

Third quarter pretax loss of $3.1 billion. Excluding net special items, third quarter pretax loss of $3.6 billion.

During the third quarter, we took action to reduce our costs, strengthen our financial position, and ensure our customers return to travel with confidence,” said American Airlines Chairman and CEO Doug Parker.


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