Southwest Airlines swings to loss as coronavirus drives down revenue 18%
A number of grounded Southwest Airlines Boeing 737 MAX 8 aircraft are shown parked at Victorville Airport in Victorville, California, March 26, 2019.
on Tuesday posted its first quarterly loss since 2011 and predicted "no material improvement in air travel trends" this spring as coronavirus devastates demand.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UBS Profit Jumps in First QuarterUBS Group posted a sharp rise in first-quarter net profit as clients traded more in volatile markets and credit losses were relatively contained despite economic disruption from the coronavirus crisis.
Read more »
NJ governor says the state needs more federal assistance to avoid an 'Armageddon' scenarioThere’s a chance New Jersey schools could reopen this school year, Gov. Phil Murphy said this morning. But there will be a “new norm.”
Read more »
Nissan Expects First Loss in 11 Years Over Coronavirus ImpactNissan said it expected to record a net loss for the fiscal year just ended because of the initial impact of the coronavirus pandemic, its first annual loss in 11 years.
Read more »
Three weeks of Trump coronavirus briefings under a microscope: 2 hours spent on attacks, 45 minutes on self-congratulation — and 4½ minutes of condolences for victimsTrump spoke twice as much over the past three weeks as Dr. Birx, who oversees the administration’s virus response, or Vice President Pence, the coronavirus task force leader.
Read more »
Coronavirus Disease 2019 (COVID-19)Parents, caregivers, and other trusted adults play an important role in helping children make sense of what they hear in a way that is honest, accurate, and minimizes anxiety or fear. Learn more about talking with children about COVID19 here:
Read more »
HSBC Sets Aside $3 Billion for Loan Losses as Profit DivesHSBC, Europe’s largest bank by assets, said its net profit for the first quarter sank as it significantly raised provisions against losses from borrowers hit by the coronavirus
Read more »