American Airlines sees 90% slump in second-quarter revenue

(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. (https://bit.ly/3cXRVp3)

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