YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
American Airlines announced it would seek to raise $3.5 billion in debt.
The majority, $3 billion, would come from selling shares and convertible senior notes. It also plans to enter into a $500 million loan agreement.
As of June 16, airline passenger numbers dropped 81% year over year, according to the Transportation Security Administration.
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