Southwest Airlines and American Airlines posted losses in the first quarter of 2024.
On Thursday, Southwest Airlines and American Airlines reported losses in their quarterly earnings call.
Southwest Airlines CEO Bob Jordan told CNBC the decision to cease flights had "nothing to do" with Boeing's aircraft delivery delays.
AdvertisementRepresentatives for Southwest Airlines and American Airlines didn't immediately respond to a request for comment from BI sent outside regular business hours.
"Near term, yes, we are in a tough moment," Boeing CEO Dave Calhoun said in a letter to employees on the same day.
Persons:
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Organizations:
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Locations:
— Bellingham, Cozumel, Southwest, Oregon, California