These are the losses that airlines are reporting for the first quarter of 2020: 🛩 American: $2.2 billion 🛩 United: $1.7 billion 🛩 Delta: $534 million 🛩 Southwest: $94 million
United Airlines planes sit parked on a runway at Denver International Airport on April 22, 2020 as the coronavirus pandemic slows air travel.United Airlines planes sit parked on a runway at Denver International Airport on April 22, 2020 as the coronavirus pandemic slows air travel.Two more airlines are reporting staggering losses due to the coronavirus pandemic. American Airlines announced Thursday that because of a sharp decline in air travel, the company lost more than $2.
Delta Air Lines last week reported a $534 million loss for the first quarter. On Tuesday, Southwest reported losing $94 million — its first quarterly loss in nine years. "We all expect that recovery will be slow and demand for air travel will be suppressed for quite some time," Parker said.
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