Latest Doug Parker News

ARCHIVO – En esta fotografía de archivo del 25 de marzo de 2020, varios jets de American Airlines permanecen inmóviles en una terminal del Aeropuerto Internacional Sky Harbor, en Phoenix. (AP Foto/Matt York, archivo)

American, Southwest add to US airline industry's 2Q losses

Jul. 23, 2020 5:14 PM EDT

DALLAS (AP) — Two major airlines reported huge second-quarter losses Thursday, and their leaders warned that the new surge in U.S. coronavirus cases has stalled the recovery in air travel and added to their industry's disarray. American Airlines posted a loss of more than $2 billion, and Southwest Airlines...

FILE - United Airlines planes are parked at Orlando International Airport, in a Tuesday, April 7, 2020 file photo, in Orlando, Fla. United Airlines said Tuesday, July 21 that it lost $1.63 billion in the second quarter as revenue plunged 87%, and it will operate at barely over one-third of capacity through September as the coronavirus throttles air travel. (Joe Burbank/Orlando Sentinel via AP, File)

United Airlines posts $1.6 billion loss in virus-scarred 2Q

Jul. 21, 2020 6:53 PM EDT

United Airlines said Tuesday that it lost $1.63 billion in the second quarter as revenue plunged 87%, and it will operate at barely over one-third of capacity through September as the coronavirus throttles air travel. The Chicago-based airline burned through $40 million a day from April through June but said it...

FILE - In this March 25, 2020, file photo, American Airlines jets sit idly at their gates as a jet arrives at Sky Harbor International Airport in Phoenix. American Airlines is telling 25,000 workers that they could lose their jobs in October because of the sharp drop in air travel during the virus pandemic. The airline said Wednesday, July 15, it was starting new offers of buyouts and partially paid leave, which it hopes will reduce the number of furloughs. (AP Photo/Matt York, File)

American Airlines warns 25,000 workers they could lose jobs

Jul. 15, 2020 7:12 PM EDT

DALLAS (AP) — American Airlines is notifying about 25,000 workers that their jobs could be eliminated in October because of plunging demand for air travel, adding to the toll that the virus pandemic is taking on the airline industry. American's top executives said Wednesday that the number of furloughs...

FILE - In this Wednesday, March 25, 2020, file photo, American Airlines jets sit idly at their gates as a jet arrives at Sky Harbor International Airport in Phoenix. American Airlines and four smaller carriers have reached agreement with the government for billions more in federal loans, a sign of the industry’s desperate fight to survive a downturn in air travel caused by the virus pandemic. The Treasury Department said Thursday, July 2, 2020, that it had finalized terms of new loans to American, Spirit Airlines, Frontier Airlines, Hawaiian Airlines and SkyWest Airlines. (AP Photo/Matt York, File)

American and 4 other airlines reach loan agreements with US

Jul. 2, 2020 12:50 PM EDT

DALLAS (AP) — American Airlines and four smaller carriers have reached agreement with the government for billions more in federal loans, a sign of the industry’s desperate fight to survive a downturn in air travel caused by the virus pandemic. The Treasury Department said Thursday that it had signed...