And now a halting rollout of vaccines threatens to further delay a recovery in travel and the travel industry. On Thursday as airlines reported results, a new coronavirus variant identified in South Africa was found in the United States for the first time, with two cases diagnosed in South Carolina. "Travel restrictions on international have resulted in a reduction in demand," American Airlines CEO Doug Parker said. AMERICAN AIRLINESAmerican Airlines Group Inc. reported a loss of $2.2 billion in the fourth quarter and $8.9 billion for all of 2020 after earning nearly $1.7 billion the year before. JETBLUE AIRWAYSJetBlue reported a loss of $381 million, after reporting a profit in the fourth quarter of 2019.

Source: New Zealand Herald January 28, 2021 20:03 UTC