American Airlines CEO quells U.S. bankruptcy talk, says demand improving

American Airlines CEO quells U.S. bankruptcy talk, says demand improvingThe U.S. airline industry is expected to be 10% to 20% smaller in the summer of 2021, Parker said, and its recovery would depend on how passenger demand and revenues evolve. Earlier this month, Boeing Co Chief Executive Dave Calhoun told NBC he thought that a major U.S. carrier could go out of business in the fall, when government payroll aid for airlines will expire.

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