Southwest, American post 2Q profits as air travel picks up

  • 📰 ABC
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

American Airlines and Southwest Airlines both post second-quarter profits thanks to generous federal pandemic relief that covers most of their labor costs.

American Airlines passenger jets prepare for departure, Wednesday, July 21, 2021, near a terminal at Boston Logan International Airport, in Boston. American Airlines Group Inc. on Thursday, July 22 reported second-quarter net income of $19 million, after reporting a loss in the same period a year earlier.

Southwest said it made money in June even without the government aid and hopes to be profitable by any measure in the third and fourth quarters if the pandemic doesn’t get worse. As passengers stream back, flight delays have soared. The problems have been greatest at Southwest and American, which have struggled with hundreds of delayed flights a day.

Southwest is recalling some workers from leaves earlier than scheduled. American recently announced plans to bulk up staffing by recalling 3,300 flight attendants from leave later this year and hiring 800 more by next spring. It plans to hire 350 pilots this year and more than 1,000 next year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

YES working class TAX money BAILED em out . AIRLINES give back give discounteD tickets.

Bitcoin buy tickets using ?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 471. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

American, Southwest post quarterly profits, boosted by travel surge, federal aidThey can give all that cash back to the government now I guess? So really they didn’t need the aid if they were making profits. Lol
Source: CNBC - 🏆 12. / 72 Read more »

American Airlines, Southwest Lifted by Recovering Demand and Government AidAmerican Airlines and Southwest Airlines said recent travel recovery has been a boon as they work to restore operations after the Covid-19 pandemic crushed the industry last year Given America' politicization of the COVID vaccine, I'd settle in for a long, choppy flight with the seat belt sign on the whole way. 🇺🇸🇺🇸🇺🇸In America's richest state, California, it is possible to imagine a huge investment of 6 billion. $$ that reflects a mass of extreme poverty reproduced by the peculiar characteristics of the left-wing 'democratic' government. If I ever heard anyone reading a script, this was it.
Source: WSJ - 🏆 98. / 63 Read more »

‘Do Not Travel’ To The U.K., Says CDC And U.S. State DepartmentA big spike in Covid-19 cases across the pond, fueled by the Delta variant of the virus, prompted the warnings. What about the other way around?
Source: Forbes - 🏆 394. / 53 Read more »

Internet outage shuts down travel, banking sites and many others, plus online services including PlayStation NetworkAmong the companies reportedly facing at least some online disruption were UPS, FedEx, airlines Delta and Southwest, HBO Max, Costco, EA, and tech companies Amazon, Google, and Microsoft.
Source: USATODAY - 🏆 100. / 63 Read more »

U.S. Extends Restrictions on Borders With Canada, MexicoThe U.S. extended its ban on nonessential travel from Canada and Mexico through Aug. 21, days after Canada said it would soon allow entry by vaccinated Americans Why bother when the vaccinated are not vaccinated Pretty dumb, meanwhile a MILLION illegals have flowed in recently 🇺🇸🇺🇸🇺🇸In America's richest state, California, it is possible to imagine a huge investment of 6 billion. $$ that reflects a mass of extreme poverty reproduced by the peculiar characteristics of the left-wing 'democratic' government.
Source: WSJ - 🏆 98. / 63 Read more »

10 Signs of Generational EnvyThere are many reasons why superiors might mistreat younger workers. One is 'downward envy,' and here are 10 ways to spot it, according to arayabaker I agree with the article. Some superiors mistreat young workers because they feel threatened that all of success they built will be overshadowed by the younger worker's performances. This mindset obstructs the path to achieve unity in corporative environment.
Source: PsychToday - 🏆 714. / 51 Read more »