American Airlines and Southwest Airlines both posted second-quarter profits on Thursday thanks to generous federal pandemic relief, which covers most of their labor costs.
Reports on Thursday outlined the progress airlines are making in rebuilding after the coronavirus crushed air travel – and how far they must go to make a full recovery.
American posted a second quarter profit of $19 million due to approximately $1.5 billion in taxpayer support. Southwest reported a benefit of $348 million, including $724 million in federal aid.
Southwest said it made money in June even without government aid and expects any measures to benefit if the pandemic does not worsen in the third and fourth quarters.
Striking nurses, hospital resumed talks
Striking nurses at Worcester’s St Vincent’s Hospital have resumed talks with management in hopes of closing down work.
A federal mediator working on the talks scheduled two days of face-to-face discussions on Thursday and Friday.
Nurses in St. Vincent went on strike on March 8, demanding better staffing ratios, which they said were necessary to ensure patient safety.
The strike is now the longest nurses’ strike in the country in more than a decade, according to the Massachusetts Nurses Association.