The recent surge in coronavirus cases is hindering airline bookings again, Southwest Airlines warned in a regulatory filing.
SOUTHWEST AIRLINES CO.
The carrier disclosed that it has "experienced a deceleration in close-in bookings and an increase in close-in trip cancellations" within the first few weeks of August.
The decline is "believed to be driven by the recent rise in COVID-19 cases associated with the Delta variant" which is driving a dramatic spike in COVID-19 cases and hospitalizations, according to Southwest.
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It's a harsh reality for an industry that was particularly devastated last year by the virus-related travel restrictions. The six biggest U.S. airlines lost a combined $34 billion, and Southwest suffered its first full-year loss since Richard Nixon was president.