U.S. airline American Airlines Group Inc said on Friday it expects its second quarter revenue to decline 90per cent compared with a year earlier.
FILE PHOTO: An American Airlines Boeing 737 jet sits at a gate at Washington's Reagan National airport with the U.S. Capitol building in the background. U.S. April 29, 2020.
Kevin Lamarque/File PhotoThe company expects to reduce its cash burn rate to about zero by the end of 2020, as demand conditions continue to improve.
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