American Airlines (AAL) Misses Q2 EPS by 26c, Revenues Beat

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Go back to American Airlines (AAL) Misses Q2 EPS by 26c, Revenues Beat

American Airlines Takes Strategic Action in Second Quarter to Prioritize Safety, Flexibility and Efficiency in Response to COVID-19

July 23, 2020 7:01 AM EDT

FORT WORTH, Texas, July 23, 2020 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ: AAL) today reported its second-quarter 2020 financial results, including:

Second-quarter pretax loss of $2.7 billion. Excluding net special items1, second-quarter pretax loss of $4.3 billion.Second-quarter net loss of $2.1 billion, or ($4.82) per share. Excluding net special items1, second-quarter net loss of $3.4 billion, or ($7.82) per share.Boosted available liquidity by a net $3.6 billion in the quarter through offerings of common stock, convertible bonds and secured bonds. Ended... More