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- W782830531 abstract "U.S. majors continued to lose money, though not as at high a rate, in the three months ending June 30, collectively posting losses of $1.47 billion among the top 10, versus less than half that amount for 2001. Southwest was the only one to show a net profit, with America West Holdings registering black in based on operating profits. April was when the recovery stalled, most agree, and a soft Labor Day did not help. The largest loss for the period was recorded by American Airlines parent AMR Corp. It is responding by cutting more flights in the third and fourth quarters. United's parent UAL Corp. is using cash reserves to stem losses and has applied for a $1.8 billion loan guarantee from the Air Transportation Stabilization Board. Delta CEO Leo Mullin laid part of the blame at the feet of U.S. government security requirements which are putting added financial strains on the industry. Charts with all yields and costs, traffic and capacity and other details from major airlines are included." @default.
- W782830531 created "2016-06-24" @default.
- W782830531 creator A5053026684 @default.
- W782830531 date "2002-09-01" @default.
- W782830531 modified "2023-09-26" @default.
- W782830531 title "A SEA OF RED : RECORD LOSSES CONTINUE FOR US MAJOR AIRLINES" @default.
- W782830531 hasPublicationYear "2002" @default.
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