Airline losses mount but the worst appears to be over
The red ink continued to stream at US airlines at the first quarter. “Though the pandemic isn’t over, we consider the worst is behind us, concerning the seriousness of the adverse effect on travel demand,” stated Southwest (LUV) CEO Gary Kelly, whose airline reported a reduction of $1 billion in the quarter, excluding special items, … Continue reading Airline losses mount but the worst appears to be over
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