June 12, 2020 / 12:22 PM / 2 months ago

American Airlines sees 90% slump in second-quarter revenue

June 12 (Reuters) - U.S. airline American Airlines Group Inc said on Friday it expects its second quarter revenue to decline 90% compared with a year earlier.

The company expects to reduce its cash burn rate to about zero by the end of 2020, as demand conditions continue to improve. (bit.ly/3cXRVp3)

Reporting by Sanjana Shivdas in Bengaluru; Editing by Krishna Chandra Eluri

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