American Airlines swings to another quarterly loss of £1.84 billion in Q3

American Airlines (NASDAQ: AAL) said on Thursday that it concluded the fiscal third quarter with another sizeable loss due to the Coronavirus pandemic that has brought the global demand for air travel to a near halt this year. The airline, however, managed to minimise its cash burn in the recent quarter. Shares of the company closed the regular session about 3% down on Friday. Including the price action, American Airlines is now trading at £9.66 per share that translates to about 55% decline year to date in the stock market. The stock had plummeted to a low of £7.0 per