Southwest Will End Middle Seat Ban as Airlines Continue to Lose Billions
What we learned from American Airlines and Southwest's quarterly earnings calls
American and Southwest airlines didn't have much good news to report in their earnings calls.
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As expected, more bad news from the airline industry arrived this morning as American Airlines and Southwest each announced their latest quarterly earnings. American Airlines saw revenue fall 73% year over year, losing $2.4 billion this quarter, while Southwest’s revenue fell 68%, down $1.2 billion.
