American Airlines' stock has dropped a massive 65% this year. No surprises there. Air travel is down 90%, Q1 2020 losses totaled $2.2 billion, and a cash burn of nearly $70 million a day is putting pressure on liquidity...
$70 Million A Day Cash Burn And No Demand: Can American Airlines Stock Recover From Here?
Forbes - 1 Jun 2020 18:10
American Airlines' stock has dropped a massive 65% this year. No surprises there. Air travel is down 90%, Q1 2020 losses totaled $2.2 billion, and a cash burn of nearly $70 million a day is putting pressure on liquidity...
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