Southwest Airlines Co posted on Tuesday a $94 million net loss in the first quarter, its first quarterly loss in nine years, due to the coronavirus pandemic and said it sees no major improvement in air travel in the second quarter.
) posted on Tuesday a $94 million net loss in the first quarter, its first quarterly loss in nine years, due to the coronavirus pandemic and said it sees no major improvement in air travel in the second quarter.
Dallas-based Southwest swung to a net loss of $94 million for the quarter ended March 31, compared to a profit of $387 million a year earlier. Excluding special items, the loss was $77 million, or a $0.15 loss per share. Total operating revenue declined 17.8% to $4.2 billion. It sees operating revenue falling 90% to 95% in both April and May, when it does not expect load factors to surpass 10%.
The coronavirus outbreak has led to the deaths of over 207,000 people around the world, including more than 55,000 in the United States, according to a Reuters tally. “We do think there’s a role for the federal government to play here and as an industry we’ll be advocating for that,” Kelly said.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Nissan Expects First Loss in 11 Years Over Coronavirus ImpactNissan said it expected to record a net loss for the fiscal year just ended because of the initial impact of the coronavirus pandemic, its first annual loss in 11 years.
続きを読む »
Southwest Airlines posts first loss since 2011 as coronavirus drives down revenue 18%Southwest doesn't expect paltry travel demand to improve in the near term.
続きを読む »
UBS Profit Jumps in First QuarterUBS Group posted a sharp rise in first-quarter net profit as clients traded more in volatile markets and credit losses were relatively contained despite economic disruption from the coronavirus crisis.
続きを読む »
Coronavirus Disease 2019 (COVID-19)Parents, caregivers, and other trusted adults play an important role in helping children make sense of what they hear in a way that is honest, accurate, and minimizes anxiety or fear. Learn more about talking with children about COVID19 here:
続きを読む »
HSBC Sets Aside $3 Billion for Loan Losses as Profit DivesHSBC, Europe’s largest bank by assets, said its net profit for the first quarter sank as it significantly raised provisions against losses from borrowers hit by the coronavirus
続きを読む »
Deutsche Bank warns on coronavirus impact as its profit falls from a year agoThe German lender said it expects to report a fall in net income in the first quarter from a year ago and warned it might miss its capital target as a result of the coronavirus pandemic.
続きを読む »