US aid lifts Southwest to Q1 profit, American loses $1.25B
With a strong push from taxpayers, Southwest Airlines is the first major U.S. airline to report a profit since the pandemic started, and airlines executives say that the industry is on course to recover from a financial crisis caused by the pandemic. Southwest Chairman and CEO Gary Kelly said Thursday that his airline has seen steady improvement in U.S. leisure-travel sales since mid-February. He credited rising vaccinations and falling new cases of COVID-19. “We believe the worst is now finally behind us," Kelly said.