American Airlines (AAL) Misses Q1 EPS by 32c

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American Airlines Group Reports First-Quarter 2020 Financial Results

April 30, 2020 7:31 AM EDT

FORT WORTH, Texas, April 30, 2020 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ: AAL) today reported its first-quarter 2020 financial results, including:

First-quarter net loss of $2.2 billion, or ($5.26) per share. Excluding net special items1, first-quarter net loss of $1.1 billion, or ($2.65) per share.Ended first quarter with $6.8 billion of available liquidity and expects to end second quarter with approximately $11 billion of liquidity.

Never before has our airline, or our industry, faced such a significant challenge, said American Airlines Chairman and... More