It isn't just Boeing that's bleeding billions — major US airlines are hemorrhaging cash too

• 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 Airlines CEO Bob Jordan said Boeing's aircraft-delivery delays were "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 calls.