Major airlines this week reiterated confidence that the travel market, at least for leisure, is rebounding from the deep losses suffered during the coronavirus pandemic. Executives said they hope the trend will continue into the summer vacation season.
The comments came as Southwest Airlines Co. on Thursday reported that government aid helped it notch a profit of $116 million in the first quarter, its first quarterly profit since the pandemic decimated travel demand and upended the airline industry. American Airlines Group Inc. reported a loss of $1.25 billion on revenue of $4 billion, a smaller loss than in previous quarters in the…
