News
Trulli
American Airlines announced its second quarter earnings Thursday. (Photo: AirlineGeeks | William Derrickson)

American Finds Cash Cushion Amid Coronavirus Pandemic

American Airlines has announced that, with government aid, it has enough liquidity to survive the travel drop-off associated with the Coronavirus pandemic. American reported its Q1 results a bit over a week ago and it revealed its current liquidity status as well as its current cash flow position. The airline ended the first quarter with over $6.8 billion in available liquidity, which includes $2 billion that it raised during that timeframe, SeekingAlpha reports.  That figure does not include government aid,…