{"id":120974,"date":"2022-01-20T20:30:00","date_gmt":"2022-01-20T20:30:00","guid":{"rendered":"https:\/?p=120974"},"modified":"2022-01-20T23:36:10","modified_gmt":"2022-01-20T23:36:10","slug":"american-airlines-loses-1993-million-in-2021","status":"publish","type":"post","link":"https:\/\/aviacionaldia.com\/en\/2022\/01\/american-airlines-loses-1993-million-in-2021.html","title":{"rendered":"American Airlines loses 1,993 million in 2021."},"content":{"rendered":"\n

American Airlines<\/strong> on Thursday reported a loss of $1,993 in 2021, 77.6% lower than in 2020, when it reported a historic loss of $8.885 million, due to the heavy impact of the pandemic on its operations.<\/p>\n\n\n\n

In operating terms, the airline’s losses were 1,059 million, 89.8% lower than in the previous period, showing the recovery experienced in the last year despite the persistence of covid-19.<\/p>\n\n\n\n

\u2192 American Airlines and Aer Lingus launch new codeshare agreement.<\/a><\/strong><\/em><\/p>\n\n\n\n

In terms of operating revenues, the airline collected 29,882 in 2021, 72% more than the 17,337 achieved in 2020. In this section, ticket sales to passengers increased by 79.5% and revenue from freight forwarding by 70.8%.<\/p>\n\n\n\n

In the last three months of the year, on which Wall Street investors were most focused today, American lost 931 million dollars, 57% less than in the same period of 2020; which meant a loss per share of 1.44 dollars, EFE reported.<\/p>\n\n\n\n

“Over the past year, we experienced periods of high travel demand offset by periods of declining demand due to new covd-19 variants,” the entity’s CEO Doug Parker said in a statement.<\/p>\n\n\n\n

\u2192 American Airlines will operate a daily flight between Miami and Anguilla.<\/a><\/strong><\/em><\/p>\n\n\n\n

Parker, who will step down at the end of March, insisted that “this volatility has created the most challenging planning environment in the history of commercial aviation.”<\/p>\n\n\n\n

As for first-quarter guidance, the company said it expects revenues to continue to be 20-22% below those recorded in 2019, while it will operate at 90-92% of capacity.<\/p>\n\n\n\n

An hour after the NYSE opened, American Airlines shares were up 0.40%, after falling as much as 3% moments after the open.<\/p>\n\n\n\n

Photo: Eric Salard \/Wikipedia<\/a><\/p>\n\n\n\n

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