As our domestic and international travel plans continue to be disrupted by the pandemic, we can only imagine how this is impacting the companies that facilitate travel. Before proper cost levers were pulled last quarter, American Airlines (NASDAQ: AAL) was burning $70M in cash a day. That number is much lower now, but still not low enough to offset its tough loss in revenue.
Will the upcoming stimulus package provide some relief?
10 stocks we like better than American Airlines Group
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*
David and Tom just revealed what they believe are the ten best stocks for investors to buy right now… and American Airlines Group wasn’t one of them! That’s right — they think these 10 stocks are even better buys.
*Stock Advisor returns as of September 24, 2020