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Cash flow

Eric Kulisch Friday, November 1, 2019

American Airlines predicts cash buildup as costly fleet renewal subsides

American Airlines [NYSE: AAL] won’t have to make any major fleet decisions for at least six years after completing a $30 billion, multiyear modernization program, positioning American to significantly increase free cash flow and returns to shareholders, according to company executives. Since 2013, the Dallas-based airline has replaced nearly 500 aircraft and now has about […]

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