The New Paper

January 29, 2021

American and Southwest report record losses in 2020

American Airlines and Southwest reported record losses in 2020, with Southwest reporting its first annual loss since 1972. The losses come amid continued fallout in the air travel sector (driven by the ongoing coronavirus outbreak), with US airlines losing a combined $34B last year.
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This story is from the January 29, 2021 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.