American Airlines: big loss in Q4

(CercleFinance.com) - American Airlines has reported a Q4 2021 adjusted net loss of 921 million dollars, or 1.
42 dollar per share, on revenues of 9.4 billion dollars, down 17% y-o-y.

The airline highlights a 13% reduction in the total number of available seat miles (ASM) compared to the same period two years ago, in a context that is still dogged by the consequences of the pandemic on the airline sector.

As a result, American Airlines reported an adjusted net loss of 2 billion dollars for FY 2021, with periods of strong travel demand offset by periods of declining demand due to new Covid-19 variants.


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