American Airlines

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American Airlines
American Airlines logo 2013.svg
American Airlines' logo
Type Public
Industry Airline
Essential service(s) Yes
Country United States
Multinational Yes
Official website
Twitter (@americanair)
COVID-19 webpage
English Wikipedia article

American Airlines is an international airline based in the United States.

COVID-19 response

Consumers

  • Disappointing 24 April 2020 (WHO.svg+44 dayssrc): Despite expecting to take $10.6 billion from the US Treasury in bailout funds, American Airlines has spent $13 billion over the past five years to increase their shareholders' wealth via stock buybacks and dividends.[1] These were decisions made by the company's senior leadership, and were not mandatory. Had the leadership of American Airlines prioritized saving some money for a downturn rather than enriching their shareholders, they would have been able to weather current market conditions without government assistance.

News articles

References

  1. Flitter, Emily; Eavis, Peter (2020-04-24). "Some Companies Seeking Bailouts Had Piles of Cash, Then Spent It". The New York Times. ISSN 0362-4331. Retrieved 2020-04-24.