Latest Doug Parker News

US aid lifts Southwest to Q1 profit, American loses $1.25B

Apr. 22, 2021 15:38 PM EDT

With a strong push from taxpayers, Southwest Airlines is the first major U.S. airline to report a profit since the pandemic started, and airlines executives say that the industry is on course to recover from a financial crisis caused by the pandemic. Southwest Chairman...

American Airlines posts $1.25 billion loss, delays new jets

Apr. 22, 2021 07:54 AM EDT

FORT WORTH, Texas (AP) — American Airlines said Thursday that it lost $1.25 billion in the first quarter and continued to slash costs, including delaying delivery of new jets as it waits for air travel to recover from the pandemic. Chairman and CEO Doug Parker said the...

US air travel rises to highest levels yet since pandemic hit

Mar. 15, 2021 18:49 PM EDT

Across the United States, air travel is recovering more quickly from the depths of the pandemic, and it is showing up in longer airport security lines and busier traffic on airline websites. The Transportation Security Administration screened more than 1.3 million people...