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0.000961230374879883 0 0.00608779237423907 0.00576738224927907 -0.0147388657481577 -0.012495994873438 -0.00160205062479977 0.000961230374879883
Stock impact report

American Airlines posts first loss since its bankruptcy [CNNMoney.com]

Southwest Airlines Company (LUV) 
Last southwest airlines company earnings: 4/28 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.southwest.com
Company Research Source: CNNMoney.com
American Airlines posts first loss since its bankruptcy New York (CNN Business) American Airlines posted a significantly worse-than-expected loss in the first quarter, it's first loss since emerging from bankruptcy six years ago. American ( AAL ) , the world's largest airline, posted a $2.2 billion net loss. Excluding special items, the loss still came to $1.1 billion, worse than the $808 million loss forecast by analysts surveyed by Refinitiv. The bad times are far from over. American said it expects to lose $70 million a day in the second quarter, as demand for travel has fallen more than 90%. Those losses will come despite cutting $12 billion in costs for the rest of this year. "Never before has our airline, or our industry, faced such a significant challenge," said CEO Doug Parker. "We have a lot of difficult work ahead of us. And while there is still uncertainty in what's to come, we are confident that through the dedication of the American Airlines team and our swift Show less Read more
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