US Airlines: 2020 Losses May Land Above $35 Billion
PYMNTS
JANUARY 3, 2021
According to the news site, American Airlines' market capitalization fell 45 percent, Delta's fell 31 percent and United Airlines' fell 51 percent. Additionally, according to CNBC, Southwest lost 14 percent of its market capitalization — all while the S&P 500 increased by 16 percent over the course of the calendar year.
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