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Where Does American Airlines Go from Here?

As our domestic and international travel plans continue to be disrupted by the pandemic, we can only imagine how this is impacting the companies that facilitate travel. Before proper cost levers were pulled last quarter, American Airlines (NASDAQ: AAL) was burning $70M in cash a day. That number is much lower now, but still not low enough to offset its tough loss in revenue.

Will the upcoming stimulus package provide some relief?

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Austin Hankwitz has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

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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