That pushed the combined loss of the nation’s four biggest airlines to more than US$10 billion in just three months. Between them, American and Southwest carried 15.4 million passengers from April through June. Earlier, Delta Air Lines reported a US$5.7 billion loss that was worsened by writing down investments in global airline partners who have filed for bankruptcy protection, and United lost US$1.6 billion. American, based in Fort Worth, Texas, reported a loss of US$2.07 billion, compared with a year-ago profit of US$662 million. Seattle-based Alaska Airlines said it lost US$214 million compared with a US$262 million profit a year earlier.

Source: The Standard July 23, 2020 15:11 UTC