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American Airlines sees signs of hope as it posts $1.25 billion loss, delays new Boeing jets
American Airlines said Thursday that it lost $1.25 billion in the first quarter and continued to slash costs, including delaying delivery of new jets as it .....»»
Earnings Results: United Airlines lost more than $1.3 billion to start the year, and the stock is falling
United Airlines Holdings Inc. lost more than $1.3 billion in the first three m.....»»
Southwest lost thousands of employees in 2020, while American lost tens of thousands, filings show
The sheer volume of employee losses for the two North Texas carriers, disclosed recently in regulatory filings, illustrate how terrible 2020 was for airlines......»»
Airlines lost millions on PHL’s most popular routes in 2020, new data shows
The opportunity losses for some popular routes stack up in the tens of millions......»»
American Airlines lost nearly $9 billion last year, yet its stock is surging
American Airlines lost $2.2 billion in the fourth quarter as people stayed put in the pandemic, sending the carrier’s revenue plunging. But the airline's stock rose.....»»
COVID-19 hands Southwest its first full-year loss since 1972
Southwest Airlines said it lost $3.1 billion in 2020, its first full-year loss since its early days in 1972, and said bookings for early this year have stalled in the face of high numbers .....»»
How are airlines doing during the pandemic? Delta lost $12 billion in 2020.
Delta Air Lines executives expect a few more rocky months before — they hope — widespread coronavirus vaccinations and t.....»»
EasyJet, Germanwings lose legal fight against EU"s Italian airport ruling
Easyjet and Lufthansa's Germanwings on Wednesday lost their challenge against an EU ruling ordering Italy to recover illegal state aid granted to airlines serving Sardinia......»»
Option Traders Make Big Bets On American Airlines
American Airlines Group Inc (NASDAQ: AAL) shares lost 2.73% Wednesday and are now down 68.2% year-to-date in the wake of the coronavirus outbreak. read more.....»»
United Deep Dive: Earnings Call Underscores Airlines" Disciplined Survival Plan
No one knows when the economic depression will end. It's no surprise that many companies lost money in the first quarter and wil.....»»
American Airlines lost more than $2 billion last quarter
Carriers could lose lose $21 billion this year, with air travel within the U.S. down 95% from a year ago......»»
American Airlines lost $2.2 billion in the first quarter as the coronavirus began to wreck the airline industry. This quarter is poised to be even worse. (AAL)
REUTERS/Mike Blake American Airlines lost $2.2 billion dollars in the first quarter as the coronavirus roils the airline industry. The airline retired a variety of aircraft types as part of its effort to lower expenses, inclu.....»»
American Airlines loses $2.2B as coronavirus grounds flights
The Fort Worth, Texas-based air carrier lost $2.2 billion, or $5.26 a share, as total operating revenue plunged 20 percent to $8.52 billion......»»
Half of all Americans are canceling their summer vacations — what to expect in refunds from cruise lines, hotels and airlines
Many people who had upcoming vacation plans have lost money on nonrefundable travel expenses because of the coronavirus pandemic......»»
Malaysia Airlines says working with Khazanah for financial support, taken cost cuts
Malaysia Airlines (MAB) is working closely with sole shareholder Khazanah Nasional for financial support while also taking steps to defend its cash position to sustain business during the coronavirus crisis, it said on Thursday......»»
Malaysia Airlines working with Khazanah for financial support, parent co says
Malaysia Airlines (MAB) is working closely with sole shareholder Khazanah Nasional for financial support needed due to the coronavirus crisis, it said on Thursday......»»
Southwest Airlines loses $94 million as coronavirus snarls flights
Southwest Airline lost $94 million in the first quarter as COVID-19 zapped travel demand......»»
United lost $2.1 billion in the first quarter because of coronavirus, and it"s a dark sign of just how bad things will get for the airline industry (UAL)
Gary Hershorn/Getty United Airlines said on Monday that it had lost $2.1 billion in the first quarter due to the coronavirus pandemic. The airline to.....»»
Coronavirus contagion besieges travel industry
Up to 50 million jobs in travel and tourism could be lost because of the coronavirus epidemic, a leading body says, as airlines, cruise operators and others reel from plummeting demand and travel restrictions. Lucy Fielder reports......»»
"Almost without precedent": Airlines hit hard by coronavirus
Airline stocks dropped sharply on Thursday as investors reckoned with the prospect of canceled flights, lost sales and substantial reductions in service for months to come. S.....»»