World, As Seen from the most beautiful islands: Ireland and Cyprus

American airlines expect a disastrous Q1 sales report


American Airlines expects sales in the second quarter to be only one tenth of last year’s. The company saw the total capacity of the flights it performed decrease by three quarters.

American Airlines assumes it has experienced the biggest dip. Due to cost savings and an increasing demand, the money flows out a little less hard. This was more than $ 100 million a day in April, but now another $ 40 million a day is burned out. That number is better than the company previously expected. The so-called cash burn should be at zero by the end of 2020.

The number of passengers transporting American is also increasing significantly. In April there were 31,000 per day, in May it was already more than four times: 129,000 people per day. The aircraft that were still flying were therefore considerably fuller.

In July, the airline plans to return to 55 percent of its normal domestic number of flights and 20 percent of flights outside the United States.

Written by: Harry Adams

Harry Adams is a political expert who has been working for various publications under pseudonyms for 11 years. He loves sarcasm and a rigid presentation of the material without decorations.

Add comment

World, As Seen from the most beautiful islands: Ireland and Cyprus

From Trinity st. to Limassol, Cyprus

Ireland and Cyprus have one thing in common. The most beautiful islands are divided. Even proportions are strikingly similar. Both nations strive for unity and a good glass of the news. More about us under the link.

Contact us

Feel free to give us a tip: [email protected]

Recent Posts