Home > Southwest Airlines reports first annual loss since 1972

Business
Southwest Airlines reports first annual loss since 1972

Description

Chicago, Jan 28 (EFE/EPA). Southwest, the fourth largest airline in the US, on Thursday posted its first annual loss since 1972 as the Covid-19 pandemic brought airline traffic to a near halt.The company has reported a loss of $3.5 billon for 2020 after being forced to ground planes because of the pandemic. (Camera: TANNEN MAURY). SHOT LIST: SOUTHWEST AIRLINES PASSENGERS CHECK IN AT MIDWAY INTERNATIONAL AIRPORT IN CHICAGO, ILLINOIS, US

Added on the 29/01/2021 13:00:00 - Copyright : EFE Inglés

To customise your video :

Or Create an account

More videos on the subject

  • Passengers stranded at Nashville airport as Southwest Airlines cancels flights due to weather

    Passengers are stranded at Nashville International Airport after several Southwest Airlines flights were cancelled due to a severe winter storm. IMAGES

    28/12/2022 - AFPTV - First images
  • Southwest Airlines

    FISE

    11/08/2021 - Wochit
  • Japanese carmaker Nissan reports $3.5 billion net loss between Apr-Dec 2020

    Tokyo, Feb 9 (EFE/EPA).- Japanese carmaker Nissan reported a net loss of 367.71 billion yen ($3.5B) in the first nine months of the fiscal year up to December 2020 although its performance improved in the most recent quarter.The firm posted an operating loss of 131.63 billion yen during that time period and its consolidated net revenue dropped 29.2 percent year-on-year to 5.32 billion yen, according to the company’s results published Tuesday. (Camera: FRANCK ROBICHON).B-ROLL OF NISSAN SHOWROOM IN TOKYO, JAPAN.

    09/02/2021 - EFE Inglés
  • Southwest Speeding Up Boeing 737 Max's Return

    REUTERS/Mike Blake LUV Southwest Airlin 46.03 -0.22 (-0.48 %) Disclaimer Get real-time LUV charts here " Southwest Airlines said Wednesday that it plans to fly passengers on the Boeing 737 Max again in March. CEO Gary Kelly had previously said the jet's first flight would "likely take place no sooner than the second quarter of 2021." Southwest will receive 35 more jets in 2021, more than doubling its current pre-grounding fleet of Max aircraft. Passengers looking to avoid the jet will be allowed to make free changes, but Southwest says it reserves the right to use the Max for any flight.

    18/12/2020 - Wochit
  • Southwest Airlines Preparing To Furlough 7,000 Workers

    Southwest Airlines just sent 6,828 workers WARN notices after it couldn't come to an agreement. The agreement was with employees to take a pay cut to avoid furloughs. Ramp workers and flight attendants are among the most impacted workgroup. There are over 4,000 WARN notices issued between them, reports Business Insider. Workgroups that accept Southwest's proposed temporary pay cuts will be exempt from any furlough. Even still, nearly 7,000 Southwest Airlines employees are facing furlough in the new year.

    04/12/2020 - Wochit

More videosBusiness

Watch video of The Post-Brexit Recovery Across European Markets Has Stalled With Major Share Indexes Mixed And Safe-haven Demand For Precious Metals Helping The Price Of Silver Surge To A Near-two Year High.  But,  As Sonia Legg Reports, Trading Volumes Were Light Becasue Of The July 4 Public Holiday In The United States. - European shares end post-Brexit rally - Label : Reuters EN -
Business

European shares end post-Brexit rally

04/07/2016 15:56:29

Watch video of BP Slumps To Its Worst Annual Loss In 2015, The British Oil And Gas Company Announces, And Says It Will Cut Thousands More Jobs In The Face Of A Deep Rout In Oil Prices. Hayley Platt Reports - Oil prices drag BP to worst annual loss - Label : Reuters EN -
Business

Oil prices drag BP to worst annual loss

02/02/2016 14:51:34