SWX - Airline sector show signs of recovery as Delta United Alaska forecasts positive cash flow

As vaccine distribution ramps up airline stocks have been rapidly gaining altitude, though it will take years to return to the pre-pandemic revenue and passenger levels.Alaska Airlines, Delta Air Lines and United Airlines looks forward to either break even or generate positive cash flow this month after a year of losses.CEO's comments on road to recovery:Delta Air Lines CEO Ed Bastian said that bookings began picking up five or six weeks ago. The airline’s revenues took a “big step up” improving by 40% from February to March on the back of the rise in bookings.United Airlines CEO Scott Kirby said his airline will generate “core” cash instead of burning cash for March, and he expects the positive trend to continue in the months ahead.Southwest Airlines CEO Gary Kelly said during a Washington Post webcast that his airline could break even by June, “where you have had much of the population vaccinated.”Southwest (SWX) said in a regulatory filing that

For further details see:

Airline sector show signs of recovery as Delta, United, Alaska forecasts positive cash flow