(Reuters) – American Airlines said on Friday it expects its fourth-quarter average daily cash burn to be at the high end of its previously forecasted range of between $25 million and $30 million.
The U.S. airline said rising COVID-19 cases and travel restrictions have slowed net bookings growth, which has persisted into December. (https://bit.ly/3lAWb24)
(Reporting by Sanjana Shivdas in Bengaluru; Editing by Krishna Chandra Eluri)
