Southwest Will Limit Hiring And Drop 4 Airports After Loss. American Airlines Posts 1q Loss As Well

David Koenig, Chicago Tribune: Business
Thu, 04/25/2024 - 1:09pm

DALLAS (AP) — Southwest Airlines will limit hiring and stop flying to four airports as it copes with weak financial results and delays in getting new planes from Boeing. Both Southwest and American Airlines reported first-quarter losses Thursday. Demand for travel remains strong, including among business flyers, but airlines are dealing with higher labor costs, and delays in getting new aircraft from Boeing are limiting their ability to add more flights. Southwest said it lost $231 million.

Topics: dallas ap southwest airlines both southwest american airlines ceo robert jordan the dallas-based in august mexico syracuse washington george bush intercontinental newark new jersey new york city-area laguardia o hare midway alaska airlines max january dallas-based southwest wall street ceo robert isom federal aviation administration i ve embraer brazilian southwest southwest boeing american the york i airport max revenue isom loss limit hiring share planes year cents analysts expects million time smaller flying jets expected billion including financial delays travel planned labor items excluding special costs stop lost employees first-quarter address forecast flights rose worse

Place your ad here
Loading...

BING NEWS:

Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well
American and Southwest airlines both say they lost money in the first quarter, and they're responding by trying to cut costs ...
04/25/2024 - 9:22 am | View Link
Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well
DALLAS (AP) — Southwest Airlines will limit hiring and stop flying to four airports as it copes with weak financial results and delays in getting new planes from Boeing. Both Southwest and ...
04/25/2024 - 5:12 am | View Link
Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well
DALLAS — Southwest Airlines will limit hiring and stop flying to four airports as ... which was worse than the loss of 27 cents per share forecast by analysts. An American Airlines jetliner ...
04/25/2024 - 3:51 am | View Link
Southwest Will Limit Hiring and Drop 4 Airports After Loss. American Airlines Posts 1Q Loss as Well
Southwest Will Limit Hiring and Drop 4 Airports After Loss. American Airlines Posts 1Q Loss as Well DALLAS (AP) — Southwest Airlines will limit hiring and stop flying to four airports as it ...
04/24/2024 - 8:19 pm | View Link
More

More Movie News

More Business News

Jack Dorsey and Elon Musk’s tech bromance takes another weird turn
Fast Company, Monday - 05/06/2024 - 08:30 PM
Dorsey confirms he has left the board of Twitter-alternative Bluesky and appears to put his support behind Musk’s X. The relationship between Elon Musk and Jack Dorsey is such an on-again, off-again event that it seems like something out of a television sitcom. And after criticizing Musk’s leadership of Twitter just last year, Dorsey seemed to throw his weight behind that platform over the weekend.
More | Talk | Read It Later | Share
Surprisingly, these burned-out workers don’t fear AI—they welcome it
Fast Company, Monday - 05/06/2024 - 08:03 PM
A new survey from Canva reveals teachers aren’t mad about AI—in fact, they’re hoping the technology can offer them some relief. There are plenty of legitimate fears about AI taking over the world. But you know who isn’t so worried? Teachers. That’s not because teachers don’t care if their students use AI to write all their essays or complete their algebra homework—they do.
More | Talk | Read It Later | Share
Netflix is using live comedy as a warmup for live sports—and it’s working
Fast Company, Monday - 05/06/2024 - 07:50 PM
Paid subscribers are used to watching things on demand, but with buzzy live specials like the Tom Brady roast, Netflix is reintroducing them to the idea of FOMO. Netflix once foreshadowed the death of appointment television. When the streamer dropped all 10 episodes of its first high-profile original series, House of Cards, at once, it forever changed traditional viewing habits.
More | Talk | Read It Later | Share
Commercial real estate foreclosures spike 117% as distress mounts
Fast Company, Monday - 05/06/2024 - 07:45 PM
These 10 states had the most commercial-real estate foreclosures in March. Want more stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the free, daily ResiClub newsletter.
More | Talk | Read It Later | Share
Budweiser is turning Spotify into beer ads
Fast Company, Monday - 05/06/2024 - 07:30 PM
Why write regular ads when artists are doing the work for Budweiser already? More than 500 songs on Spotify namecheck Budweiser in their lyrics. With a new campaign in Brazil, the King of Beers is turning these tunes into actual ads on the streaming platform.
More | Talk | Read It Later | Share
Chinese EV-maker Nio will unveil its first mass-market car in May, executive says
Fast Company, Monday - 05/06/2024 - 06:00 PM
Nio plans to unveil a second smaller EV to be sold in Europe next year for less than $30,000. China’s premium electric vehicle maker Nio is on track to unveil a new model under a mass-market brand by the end of this month and a second smaller EV to be sold in Europe next year for less than $30,000, a senior executive told Reuters on Monday.
More | Talk | Read It Later | Share

Southwest Will Limit Hiring And Drop 4 Airports After Loss. American Airlines Posts 1q Loss As Well

Welcome to Wopular

MoviesWithButter : Our Sister Site

More Business News