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Page 13 - அமெரிக்கன் விமான நிறுவனங்கள் குழு இன்க் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Will Business Travel Come All the Way Back?

Will Business Travel Come All the Way Back? Jul 27 2021, 11:08 AM July 27 2021, 12:36 AM July 27 2021, 11:08 AM (Bloomberg Opinion) Airline CEOs are increasingly bullish about the business travel recovery. Other S&P 500 CEOs aren’t so sure. And neither are investors. (Bloomberg Opinion) Airline CEOs are increasingly bullish about the business travel recovery. Other S&P 500 CEOs aren’t so sure. And neither are investors. All of the major U.S. carriers reported improving demand from corporate fliers in the second quarter and expressed more optimism than they have at any other point of the pandemic that this lucrative corner of the market would start to return to normal. American Airlines Group Inc. predicted a full bounce back in U.S. corporate demand by 2022, even though revenue tied to this business had only recovered to 45% of pre-pandemic levels by June. United Airlines Holdings Inc. highlighted a recent survey in which more than 90% of corporate customers

American Airlines (AAL) Q2 Financial Results Recap

American Airlines (AAL) Q2 Financial Results Recap American Airlines Group Inc. (NASDAQ: AAL) is one of the leading U.S. airlines, operating in 240 destinations across America, Canada, Mexico, and the Caribbean. It was founded back in 1934 by the merger of about 85 small companies. American Airlines expanded aggressively between the 1970s and 1990s to strengthen its international presence, mainly by acquiring routes of other airlines. The Texas-based airline recently announced better-than-expected financial results for the second quarter, helped by improved travel demand. American Airlines reported earnings of 3 cents per share, compared to a loss of $4.82 per share in the year-ago quarter. Excluding certain items, the company reported an adjusted loss of $1.69 per share, narrower than a loss of $2.03 per share estimated by analysts.

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