Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well
Both Southwest and American Airlines reported first-quarter losses Thursday. DALLAS (AP) — Southwest Airlines will limit hiring and stop flying to four air.....»»
Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well
Both Southwest and American Airlines reported first-quarter losses Thursday. DALLAS (AP) — Southwest Airlines will limit hiring and stop flying to four air.....»»
American Airlines posts $1.25B loss, delays new 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 waits for air travel to recover from the pandemic......»»
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 .....»»
Southwest shares slide after airline posts first annual loss since 1972 as pandemic slams travel
Southwest Airlines Co. shares slid 2.2% in premarket trade Thursday, after the airline posted its first annual loss since 1972 and offered bleak guidance for the first few months o.....»»
American Airlines Posts First Quarterly Loss In Six Years
The airline industry's bloodletting continued Thursday with .....»»
American Airlines posts $2.2 billion loss, is losing $70 million a day during coronavirus pandemic
American Airlines reported a staggering loss of $2.24 billion for the first quarter, when the coro.....»»
American Airlines Posts First Quarterly Loss In Six Years
The airline industry's bloodletting continued Thursday with American Airlines Group Inc. (NASDAQ:.....»»
American Airlines posts $2.2 billion loss during coronavirus pandemic
American Airlines reported a staggering loss of $2.24 billion for the first quarter, when the coro.....»»
American Airlines posts $2.2 billion loss on pandemic, first since bankruptcy exit
American Airlines on Thursday posted a $2.2 billion net loss, its first quarterly loss since emerging from bankruptcy in 2013, and warned of a roughly $70 million per day cash burn in the second quarter as the coronavirus pandemic halts travel......»»
American Airlines posts first quarterly loss since emerging from bankruptcy
American Airlines on Thursday posted its first quarterly loss since emerging from bankruptcy in 2013, and said it expects second-quarter cash burn rate to be about $70 million per day, as the COVID-19 pandemic brought travel to a near standstill......»»
Southwest posts first quarterly loss in 9 years
Southwest Airlines said the pandemic that tanked air travel demand in the last few weeks of March caused a $94 million net loss during the first quarter. As Fred Katayama reports, it also issued a bleak outlook for April and May.......»»
Southwest posts first quarterly loss in nine years, shores up cash to weather pandemic
Southwest Airlines Co on Tuesday posted a $94 million quarterly net loss, its first in nine years, and warned of drastic revenue drops ahead as it sought to raise another $2.6 billion to help weather the coronavirus pandemic......»»
Southwest posts quarterly loss, warns ‘no material improvement’ in air travel ahead
As the coronavirus pandemic took a heavy toll on air travel, shares of Southwest Airlines .....»»
Southwest posts first loss in 11 years
Southwest Airlines reported its first quarterly loss since the depths of the Great Recession 11 years ago......»»
Southwest posts first quarterly loss in nine years and warns on outlook
Southwest Airlines Co on Tuesday posted a $94 million quarterly net loss, its first in nine years, and warned of drastic revenue drops ahead as it sought to raise another $2.6 billion to help weather the coronavirus pandemic......»»
Southwest posts first quarterly loss in nine years and warns of more coronavirus clouds
Southwest Airlines Co posted on Tuesday a $94 million net loss in the first quarter, its first quarterly loss in nine years, due to the coronavirus pandemic and said it sees no major improvement in air travel in the second quarter......»»
GE posts lower sales, loss on restructuring moves
General Electric’s revenue fell 12% to $17.1 billion, reflecting a 28% decline in its aviation unit and a 9% drop in its healthcare unit after selling off part of the business......»»
Southwest Airlines stock rallies after narrower-than-expected loss, raised April outlook
Shares of Southwest Airlines Co. rallied 1.3% in premarket trading, after the air carrier reported a narrower-than-expected first-quart.....»»
American Airlines reports wider-than-expected loss and revenue falls shy, but cash burn reduced again; stock jumps
Shares of American Airlines Group Inc. jumped 3......»»
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 .....»»