Latest Ed Bastian News

FILE - In this June 24, 2020 file photo, Southwest Airlines employee Oscar Gonzalez, right, assists a passenger at the ticket counter at Love Field in Dallas. Southwest Airlines cautioned Thursday, Nov. 12, 2020 that the tenuous recovery in air travel could be fading as coronavirus cases spike across the United States. The nation’s fourth-biggest airline said after a modest rise in leisure-travel bookings from August through October, it now sees a slowdown in improving revenue trends for November and December. (AP Photo/Tony Gutierrez, File)

As virus cases rise, Southwest sees slower travel recovery

Nov. 12, 2020 5:45 PM EST

DALLAS (AP) — Southwest Airlines cautioned Thursday that the tenuous recovery in air travel could be fading as coronavirus cases spike across the United States. The nation’s fourth-biggest airline said after a modest rise in leisure-travel bookings from August through October, it now sees a slowdown...

FILE - In this Oct. 27, 2020, file photo, passengers walk through Salt Lake City International Airport, in Salt Lake City. Business travel might never look the same in the wake of the coronavirus. Consulting firm McKinsey and Co. says it took international business travel five years to recover after the 2008 recession. But this time, the ease of videoconferencing could put a permanent dent in corporate trips. (AP Photo/Rick Bowmer, File)

Correction: Virus Outbreak-Business Travel story

Nov. 12, 2020 2:12 PM EST

Brandon Contreras represents the worst fears of the lucrative business travel industry. A partner account executive at a U.S. tech firm, Contreras was used to traveling frequently for his company. But nine months into the pandemic, he and thousands of others are working from home and dialing into video...

A Southwest Airlines Boeing 737-7H4 takes off, Tuesday, Oct. 20, 2020, from Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Fla.  Airlines are continuing to pile up billions of dollars in losses as the pandemic causes a massive drop in air travel. Southwest Airlines on Thursday, Oct. 22, lost $1.16 billion in the normally strong third quarter, which includes most of the summer vacation season.(AP Photo/Wilfredo Lee)

US airlines still piling up losses but say demand is rising

Oct. 22, 2020 4:08 PM EDT

DALLAS (AP) — Airlines are piling up billions of dollars in additional losses as the pandemic chokes off air travel, but a recent uptick in passengers, however modest, has provided some hope. American Airlines on Thursday reported a loss of $2.4 billion and Southwest Airlines lost $1.16 billion in the...

FILE - In this May 14, 2020 file photo, several dozen mothballed Delta Air Lines jets are parked on a closed runway at Kansas City International Airport  in Kansas City, Mo. Delta Air Lines is the first carrier to report financial results for the third quarter, and the numbers are grim. Delta said Tuesday, Oct. 13 that it lost nearly $6.9 billion as travel remain depressed over the normally peak vacation season because of the pandemic.  (AP Photo/Charlie Riedel, File)

Delta posts $5.4 billion 3Q loss as pandemic hammers travel

Oct. 13, 2020 4:29 PM EDT

The summer travel season was even worse than expected for Delta Air Lines, which said Tuesday that it lost $5.4 billion in the third quarter as people hunkered down at home during the pandemic. Delta officials pushed back their timetable for breaking even, from year-end to next spring, as their previous...