(Bloomberg) — Southwest Airlines Co. is losing “big money” on every flight, raising the risk of worker furloughs in the longer-term despite billions of dollars in immediate aid from the U.S. government.The biggest U.S. discounter is “appreciative” of the package of loans and cash assistance approved by the Senate and awaiting a vote in the House of Representatives, Chief Executive Officer Gary Kelly said Thursday. If approved and signed by President Donald Trump, the program would provide an option to secure cash “that’s at least accessible, and quickly and simply,” he said.Airlines have been battered as the spread of coronavirus …read more
Source:: Yahoo Finance
