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American Airlines Reports Fourth-Quarter and Full-Year 2020 Financial Results

Jan 28, 2021 - Nasdaq
Organizational Restructuring

FORT WORTH, Texas, Jan. 28, 2021 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ: AAL) today reported its fourth-quarter and full-year 2020 financial results, including:

Fourth-quarter revenue of $4.0 billion, down 64% year over year on a 53% year-over-year reduction in total available seat miles (ASMs).Fourth-quarter net loss of $2.2 billion, or ($3.81) per share. Excluding net special items1, fourth-quarter net loss was $2.2 billion, or ($3.86) per share.Full-year net loss of $8...