Summer was a bust for U.S. airlines. Now they are anxiously watching a fragile uptick in demand to see if it will hold as the number of new coronavirus cases increases.
Airlines’ losses are mounting as revenues plunged during what is typically their most lucrative season. Southwest Airlines Co. lost nearly $1.2 billion during the third quarter. American Airlines Group Inc. lost $2.4 billion. Alaska Air Group Inc. on Thursday reported losing $431 million. Rivals United Airlines Holdings Inc. and Delta Air Lines Inc. also reported…
