Category: Belts

Fasten Your Belts, American Airlines Investors: You’re Flying Into Another Bankruptcy
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Fasten Your Belts, American Airlines Investors: You’re Flying Into Another Bankruptcy

The travel industry is reeling from the coronavirus epidemic. A poor scorecard prevents American Airlines from fighting for the dwindling customers still flying commercial planes. High debt levels have made the situation even dicier. Fears about the coronavirus epidemic have disproportionately hurt the travel industry, with airlines announcing a drastic fall in bookings, some by…

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