October 22，American Airlines(AAL.US) announced its third quarter 2020 financial report。

Third quarter revenue 31.USD 7.3 billion，Decreased by 73% year-on-year.4%;Total operating expenses 60.US$4.4 billion，Decreased by 45% year-on-year.6%。

Net loss 23.US$9.9 billion，Net profit recorded in the same period last year 4.US$2.5 billion；Diluted loss per share 4.USD 71，Earnings per share recorded in the same period last year.USD 96。

As of the third quarter，The company has approximately $13.188bet Online Sports Betting and Casino 6 billion in available liquidity。In addition，In October，Company receives additional $2 billion in loans through federal relief package，Total loans reached US$7.5 billion。The company’s pro forma liquidity balance for the third quarter is approximately $15.6 billion。The Company expects total available liquidity in the fourth quarter to exceed $13 billion。

Third Quarter，Company reduced daily cash burn to approximately $44 million from approximately $58 million in the second quarter。The company currently expects its daily cash burn in the fourth quarter to be between $25 million and $30 million。

As of the end of the third quarter，The company has a total of 848 aircraft，940 in the same period last year。The company has decided to retire all 15 existing Airbus A330-200 aircraft。

Third Quarter，Company Available Seat Miles (ASM) is 255.6.2 billion miles，663 in the same 188bet Online Sports Betting and Casino period last year.3.3 billion miles;Passenger load factor 58.9%，85 in the same period last year.6%。

The company expects the group’s passenger volume to drop by 50% year-on-year in the fourth quarter。Among them，Long-haul international flight passenger volume will drop by 75% year-on-year。

In addition，The company announced that it will place up to $1 billion worth of common stock。

188bet online sports betting Scripture, author: Zeng Yingying, original title: "American Airlines(AAL.US) Q3 revenue fell by 73% year-on-year.4%，Average daily cash burn dropped to $44 million》.