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American Airlines reports huge loss for third quarter

American Airlines has reported third-quarter revenue of $3.2 billion, down 73 per cent year-over-year on a 59 per cent year-over-year reduction in total available seat miles. The US giant confirmed a pre-tax loss of $3.1 billion for the three-month period. Excluding net special items, the third-quarter pre-tax loss stood at $3.6 billion. ‚ÄúDuring the third […]