American Airlines, Southwest post deep losses and renew calls for aid

It said the practice of keeping middle seats open had bridged it from the early days of the pandemic, “when we had little knowledge about the behavior of the virus, to now.” American and rival United Airlines have been selling all available seats, while Delta Air Lines is blocking middle seats through early January. American Airlines said it expects its cash burn rate to fall to about $25 million to $30 million a day in the fourth quarter from about $44 million per day in the third quarter and $58 million per day in the second. …read more

Source:: Yahoo Finance

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