Where Does American Airlines Go from Here?
As our domestic and international travel plans continue to be disrupted by the pandemic, we can only imagine how this is impacting the companies that facilitate travel. Before proper cost levers were pulled last quarter, American Airlines (NASDAQ: AAL) was burning $70M in cash a day. That number is much lower now, but still not low enough to offset its tough loss in revenue.
Will the upcoming stimulus package provide some relief?
Source Fool.com
