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American Airlines to look for $12bn US government aid

Byindianadmin

Mar 31, 2020
American Airlines to look for $12bn US government aid

American Airlines jet at Dallas/Fort Worth International Airport Image copyright
Getty Images

American Airlines has actually validated it will look for $12 bn (₤ 9.7 bn) of monetary support from the US federal government due to the fact that of the impact of coronavirus.

Last year the business made a $2.9 bn earnings and returned $1.3 bn to shareholders through dividends and buybacks,

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