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American Airlines cuts debt by $2.8 billion – Metro US

American Airlines cuts debt by $2.8 billion

FILE PHOTO: An American Airlines Airbus A321 plane takes off
FILE PHOTO: An American Airlines Airbus A321 plane takes off from Los Angeles International airport

(Reuters) – American Airlines said on Wednesday it had reduced its outstanding debt by $2.8 billion after repaying loans under various revolving credit facilities.

(Reporting by Shreyasee Raj; Editing by Vinay Dwivedi)