AAL

American Airlines loss narrows as travel demand picks up

Credit: REUTERS/EDUARDO MUNOZ

April 22 (Reuters) - American Airlines Group Inc AAL.O on Thursday reported a smaller quarterly loss as rising vaccination rates prompted more people to opt for air travel.

The company posted a net loss of $1.25 billion, or $1.97 per share, for the first quarter ended March 31, compared with a loss of $2.24 billion, or $5.26 per share, a year earlier.

(Reporting by Sanjana Shivdas in Bengaluru; Editing by Anil D'Silva)

((SanjanaSitara.Shivdas@thomsonreuters.com; within U.S. +1 646 223 8780, outside U.S. +91 80 6749 1642; Twitter: @SanjanaShivdas;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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