DUBAI / WAM Dubai Land Department (DLD) has announced the launch of Phase II of …
Read More »American Air is holding extra cash as market stays ‘choppy’
Bloomberg American Airlines Group Inc will hold on to more of its record $21 billion in cash amid continued uncertainty over the industry’s recovery from a pandemic-driven slump. The carrier previously said it would bring liquidity down to between $10 billion and $12 billion at some point next year, with anything above that level being used to pay off debt. …
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