{"id":397717,"date":"2021-01-29T08:38:45","date_gmt":"2021-01-29T03:08:45","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=397717"},"modified":"2021-01-29T09:31:38","modified_gmt":"2021-01-29T04:01:38","slug":"american-airlines-quarterly-loss-better-than-expected-shares-jump-60","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/american-airlines-quarterly-loss-better-than-expected-shares-jump-60\/","title":{"rendered":"American Airlines&#8217; quarterly loss better than expected, shares jump 60%"},"content":{"rendered":"<p>(Reuters) &#8211; Shares in American Airlines Group Inc, the most shorted U.S. carrier, surged 60% in premarket trading after it was mentioned on Reddit&#8217;s WallStreetBets forum and it posted a slimmer-than-expected quarterly loss on Thursday. <\/p>\n<p>American joined rival Delta Air Lines in calling 2021 a year of recovery for an industry that has been ravaged by the coronavirus pandemic. <\/p>\n<p>&#8220;As we look to the year ahead, 2021 will be a year of recovery. While we don&#8217;t know exactly when passenger demand will return, as vaccine distribution takes hold and travel restrictions are lifted, we will be ready,&#8221; American Airlines Chief Executive Doug Parker said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) &#8211; Shares in American Airlines Group Inc, the most shorted U.S. carrier, surged 60% in premarket trading after it was mentioned on Reddit&#8217;s WallStreetBets forum and it posted a slimmer-than-expected quarterly loss on Thursday. American joined rival Delta Air Lines in calling 2021 a year of recovery for an industry that has been ravaged by the coronavirus pandemic. &#8220;As we look to the year ahead, 2021 will be a year of recovery. While we don&#8217;t know exactly when passenger demand will return, as vaccine distribution takes hold and travel restrictions are lifted, we will be ready,&#8221; American Airlines Chief [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-397717","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/397717","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=397717"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/397717\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=397717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=397717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=397717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}