MIAMI – American Airlines (AA) announced via a press release the repayment of US$2.8bn of debt using various revolving credit facilities. The airline, which had an industry-topping US$41bn worth of debt and lost US$8.9bn last year, said it repaid the outstanding debt it took out in April 2020 as the airlines were scrambling to get […]
The post American Airlines Cuts Debt by US$2.8bn appeared first on Airways Magazine.
Source:: “Airways Magazine”