Stock Groups

American Airlines reports smaller loss as pickup in travel offsets Omicron blip -Breaking

[ad_1]

© Reuters. FILE PHOTO A plane of American Airlines Airbus A321-200 takes off at Los Angeles International Airport (LAX), Los Angeles, California. It took off on March 28, 2018, USA. REUTERS/Mike Blake/File photo

(Reuters] – American Airlines (NASDAQ 🙂 Group Inc reported a smaller first-quarter adjusted loss on Thursday. The strong March pickup helped offset a January blip due to the Omicron version of COVID-19.

Fort Worth-based Airline reported an adjusted loss in March of $1.51 Billion, or $2.32 per Share, as compared to a loss of $4.32 Per Share of $2.74 Billion a year ago.

[ad_2]