It isn't just Boeing that's bleeding billions — major US airlines are hemorrhaging cash too
A Boeing manufacturing plant.
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- It's not just Boeing. Airlines are facing big losses as well.
- Southwest Airlines and American Airlines posted losses in the first quarter of 2024.
- Southwest CEO Bob Jordan said Boeing's aircraft delivery delays "are very painful."
Boeing isn't the only company grappling with turmoil in the aviation industry.
On Thursday, Southwest Airlines and American Airlines reported losses in their quarterly earnings call.
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