Now they are anxiously watching a fragile uptick in demand to see if it will hold as the number of new coronavirus cases increases. Airlines’ losses are mounting as revenue plunged during what is typically their most lucrative season. Southwest Airlines Co. lost nearly $1.2 billion during the third quarter—its biggest quarterly loss ever. American Airlines Group Inc. lost $2.4 billion. Rivals United Airlines Holdings Inc. and...

Source: Wall Street Journal October 22, 2020 13:26 UTC