American posts fifth back to back loss, Southwest turn benefit because of government help

American Airlines posted its fifth back to back quarterly misfortune on Thursday, while Southwest Airlines swung to a benefit, helped by government finance help. The two transporters have noticed an improvement in make a trip appointments and plan to build flying during the pinnacle spring and mid year months as more individuals are immunized against Covid-19 and vacation destinations return. American Airlines posted a $1.25 billion overal deficit. The Fort Worth, Texas-based transporter, similar to its enormous transporter rivals Delta and United, has been compelled to manage without a significant…

Read More