Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well

Shares of American Airlines Group Inc. rocketed 54.5% toward an 11-month high in premarket trading Thursday, after the air carrier reported a narrower-than-expected fourth-quarter loss, and revenu.....»»

American Airlines said it burned around $30 million of cash on average per day in the quarter ended December 31. An American Airlines plane departing from Washington, DC. Chip Somodevilla/Getty American Airlines posted an $8.9 billion annu.....»»

Airlines are hoping that sentiment will improve this year as COVID-19 vaccines are more widely distributed. However, new strains of the virus have triggered tighter rules for international travel in countries including the United States......»»

The coronavirus crisis has exacerbated a drop in demand for the industry's largest jetliners, with airline customers shunning deliveries of planes due to international travel restrictions, hurting cash flow at the U.S. planemaker......»»

United Airlines said Wednesday that it finished one of the worst years in its history by losing $1.9 billion in the last three months of 2020, and it predicted more o.....»»

Airlines and airports say they are stepping up security before next week’s presidential inauguration, with Delta, United, American, Southwest and Alaska prohibiting passengers flying to the Washington area from putting guns .....»»

Hess reported a quarterly loss Thursday after a coronavirus-induced drop in demand for oil and gas......»»

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Shares of Spirit Airlines Inc. plunged 12% in the extended session Wednesday .....»»

Warren Buffett of Berkshire Hathaway has had a complicated relationship with airlines throughout his investing career......»»

Insurer American International Group Inc on Monday posted a 93% drop in quarterly adjusted profit, as it set aside money to cover claims related to the COVID-19 outbreak, which it called the single largest catastrophe loss the industry has ever seen......»»

United Airlines Holdings Inc. shares rose in the extended session Thursday after the airline posted a narrower-than-expected adjusted quarterly loss as it.....»»

United Airlines Holdings Inc on Thursday posted a first-quarter loss of $1.7 billion, including charges against investments in Latin America that have soured as the coronavirus pandemic jolts travel industries worldwide......»»

American Airlines Group Inc. said Thursday it had a net loss of $2.241 billion, or $5.26 a share, in t.....»»

Ford Motor on Tuesday posted a $2 billion first-quarter loss due to the impact of the coronavirus pandemic and said it expected its loss in the second quarter to more than double as it weathers a shutdown of its North American plants......»»

Ford Motor on Tuesday posted a $2 billion first-quarter loss due to the impact of the coronavirus pandemic and said it expected its loss in the second quarter to more than double as it weathers a shutdown of its North American plants......»»

Southwest Airlines Co said on Tuesday it has agreed with Boeing Co to sharply cut its 737 MAX delivery schedule through 2021 and is reviewing its order book as the coronavirus pandemic caused its first quarterly loss in nine years......»»

Southwest Airlines posted a first-quarter loss Tuesday morning due to the impact of the COVID-19 pandemic. The company expects the second-quarter to be worse......»»

Shares of Southwest Airlines Co. rallied 4.0% in premarket trading Tuesday, after the air carrier reported a narrower-than-expected loss, while revenue fell more than forecast. The company swung to a net loss of $94 million, or 18 cents a .....»»

Shares of Southwest Airlines Co. swung to a 0.7% loss in premarket trading Tuesday, erasing earlier gains seen in the wake of first-quarter results, after the air carrier announced a public offeri.....»»