DALLAS, tex. - American Airlines says the first quarter was difficult, with another large loss, but it expects to turn a profit in the second quarter as more people return to travel.
That's similar to what other airlines are saying, as they plan for a booming summer travel season.
American said Thursday it lost $1.64 billion in the first quarter, which was marred by thousands of flight cancellations, many of them because pilots and flight attendants were out with COVID-19.
However, American says March was much better. Revenue is double what it was a year ago, and it’s back to 84% of pre-pandemic levels.
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