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Southwest (LUV) and American Airlines (AAL) 2Q 21 post profits

American Airlines and Southwest Airlines posted second-quarter profits Thursday, getting a lift from federal aid and a surge in travel demand. Fort Worth, Texas-based American reported net income of $19 million, snapping five consecutive quarters of losses, thanks in part to more than $1 billion in federal payroll support. Revenue for the three months ended […]

By : ILIAS ELABDI Date : July 23, 2021 Category : Travel News & Insights Comments :
American Airlines shares surge on carrier’s better second-quarter forecast

American Airlines flight takes off from Miami, Florida. Marco Bello | Reuters American Airlines shares rose after the carrier forecast better revenue and a narrower loss than previously estimated for the second quarter, the latest sign that airlines are recovering from the coronavirus pandemic’s toll on travel. The Fort Worth, Texas-based carrier said Tuesday that […]

By : ILIAS ELABDI Date : July 15, 2021 Category : Travel News & Insights Comments :
American Airlines says July 4 weekend travel surged over last year

An American Airlines plane lands at the Miami International Airport on June 16, 2021 in Miami, Florida. Joe Raedle | Getty Images American Airlines said it flew 2.7 million people over the July Fourth holiday weekend, almost three times as many as last year as customers continue to return to travel. The carrier operated more […]

By : ILIAS ELABDI Date : July 8, 2021 Category : Travel News & Insights Comments :
American Airlines cancels flights due to staffing, maintenance issues

American Airlines planes at LaGuardia Airport Leslie Josephs | CNBC American Airlines said it canceled hundreds of flights this weekend due to staffing shortages, maintenance and other issues, challenges facing the carrier as travel demand surges toward pre-pandemic levels. About 6% of the airline’s mainline schedule, or 180 flights, were canceled on Sunday, according to […]

By : ILIAS ELABDI Date : June 21, 2021 Category : Travel News & Insights Comments :
American, Southwest hold off on alcohol sales after surge in unruly travelers

A bird flies by in the foreground as a Southwest Airlines jet comes in for a landing at McCarran International Airport on May 25, 2020 in Las Vegas, Nevada. Ethan Miller | Getty Images Southwest Airlines and American Airlines said they are holding off on resuming alcoholic beverage services, after a flight attendant was assaulted […]

By : ILIAS ELABDI Date : June 8, 2021 Category : Travel News & Insights Comments :
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