Southwest_NN1 (_PUL LUV_NN1 )_PUR on_PRP Thursday_NP0 reported_VVD a_AT0 quarterly_AJ0 loss_NN1 ,_PUN excluding_VVG special_AJ0 items_NN2 ._SENT The_AT0 loss_NN1 was_VBD significantly_AV0 smaller_AJC than_CJS a_AT0 year_NN1 ago_AV0 ,_PUN but_CJC a_AT0 bit_NN1 larger_AJC than_CJS Wall_NP0 Street_NP0 forecasts_NN2 ._SENT Yet_AV0 the_AT0 company_NN1 said_VVD it_PNP was_VBD profitable_AJ0 in_PRP June_NP0 ,_PUN its_DPS first_ORD money-making_AJ0 month_NN1 of_PRF the_AT0 pandemic_AJ0 ._SENT And_CJC it_PNP said_VVD based_VVN on_PRP its_DPS current_AJ0 booking_NN1 trend_NN1 ,_PUN it_PNP expects_VVZ to_TO0 be_VBI profitable_AJ0 in_PRP the_AT0 third_ORD and_CJC fourth_ORD quarters_NN2 ._SENT "_PUQ Second_ORD quarter_NN1 2021_CRD marked_VVD an_AT0 important_AJ0 milestone_NN1 in_PRP the_AT0 pandemic_AJ0 recovery_NN1 as_PRP leisure_NN1 travel_NN1 demand_NN1 surged_VVD ,_PUN "_PUQ said_VVD Southwest_NN1 CEO_NN1 Gary_NP0 Kelly_NP0 ._SENT The_AT0 forecast_NN1 of_PRF a_AT0 profitable_AJ0 second_ORD half_NN1 of_PRF the_AT0 year_NN1 does_VDZ not_XX0 factor_NN1 in_PRP any_DT0 slowing_NN1 of_PRF air_NN1 travel_NN1 due_AJ0 to_PRP the_AT0 rise_NN1 of_PRF Covid-19_CRD cases_NN2 from_PRP the_AT0 Delta_NN1 variant_NN1 ._SENT But_CJC Tom_NP0 Nealon_NP0 ,_PUN Southwest_NN1 's_POS President_NN1 ,_PUN told_VVD investors_NN2 on_PRP Thursday_NP0 that_CJT so_AV0 far_AV0 "_PUQ we_PNP have_VHB not_XX0 seen_VVN any_DT0 impact_NN1 from_PRP the_AT0 Delta_NN1 variant_NN1 ._SENT "_PUQ The_AT0 profit_NN1 outlook_NN1 is_VBZ n't_XX0 quite_AV0 as_CJS bright_AJ0 at_PRP American_AJ0 (_PUL AAL_AJ0 )_PUR ,_PUN the_AT0 nation_NN1 's_POS largest_AJS airline_NN1 ._SENT It_PNP reported_VVD a_AT0 quarterly_AJ0 loss_NN1 ,_PUN excluding_VVG special_AJ0 items_NN2 ,_PUN smaller_AJC than_CJS Wall_NP0 Street_NP0 forecasts_NN2 ._SENT But_CJC it_PNP warned_VVD that_CJT its_DPS third-quarter_AJ0 pre-tax_AJ0 margin_NN1 ,_PUN excluding_VVG special_AJ0 items_NN2 ,_PUN would_VM0 once_AV0 again_AV0 be_VBI negative_AJ0 ._SENT Still_AV0 ,_PUN American_AJ0 said_VVD it_PNP stopped_VVD burning_VVG through_PRP cash_NN1 in_PRP the_AT0 second_ORD quarter_NN1 and_CJC is_VBZ now_AV0 adding_VVG about_PRP $_NN0 1_CRD million_CRD in_PRP cash_NN1 a_AT0 day_NN1 to_PRP its_DPS balance_NN1 sheet_NN1 ._SENT And_CJC it_PNP said_VVD that_DT0 revenue_NN1 in_PRP the_AT0 quarter_NN1 nearly_AV0 doubled_VVD what_DTQ it_PNP reported_VVD in_PRP the_AT0 first_ORD quarter_NN1 of_PRF this_DT0 year_NN1 ._SENT During_PRP the_AT0 summer_NN1 season_NN1 ,_PUN American_NN1 expects_VVZ to_TO0 fly_VVI more_AV0 than_CJS 90_CRD %_NN0 of_PRF its_DPS domestic_AJ0 seat_NN1 capacity_NN1 and_CJC 80_CRD %_NN0 of_PRF its_DPS international_AJ0 seat_NN1 capacity_NN1 ,_PUN compared_VVN to_PRP what_DTQ it_PNP flew_VVD in_PRP the_AT0 summer_NN1 of_PRF 2019._CRD Despite_PRP the_AT0 continued_AJ0 losses_NN2 forecast_VVN at_PRP American_AJ0 ,_PUN company_NN1 executives_NN2 said_VVD they_PNP were_VBD pleased_AJ0 with_PRP the_AT0 results_NN2 given_VVN the_AT0 continued_AJ0 limitations_NN2 on_PRP international_AJ0 travel_NN1 still_AV0 in_PRP place_NN1 and_CJC business_NN1 travel_NN1 not_XX0 yet_AV0 back_AVP to_PRP normal_AJ0 ._SENT "_PUQ We_PNP 're_VBB building_VVG back_AVP on_PRP our_DPS network_NN1 faster_AJC than_CJS our_DPS largest_AJS competitors_NN2 ._SENT We_PNP 've_VHB begun_VVN the_AT0 deleveraging_NN1 of_PRF our_DPS balance_NN1 sheet_NN1 ,_PUN "_PUQ said_VVD American_AJ0 CEO_NN1 Doug_NP0 Parker_NP0 ._SENT "_PUQ We_PNP are_VBB in_PRP the_AT0 midst_NN1 of_PRF an_AT0 unprecedented_AJ0 recovery_NN1 ,_PUN and_CJC it_PNP shows_VVZ in_PRP our_DPS results_NN2 ._SENT "_PUQ A_AT0 survey_NN1 with_PRP American_AJ0 business_NN1 customers_NN2 shows_VVZ that_CJT the_AT0 majority_NN1 expect_VVB travel_NN1 to_TO0 pick_VVI up_AVP moving_VVG into_PRP the_AT0 fall_NN1 ,_PUN said_VVD Robert_NP0 Isom_NP0 ,_PUN American_AJ0 's_POS president_NN1 ._SENT "_PUQ We_PNP now_AV0 expect_VVB a_AT0 full_AJ0 business_NN1 travel_NN1 recovery_NN1 in_PRP 2022_CRD ,_PUN "_PUQ he_PNP said_VVD ._SENT And_CJC as_AV0 is_VBZ the_AT0 case_NN1 at_PRP Southwest_NN1 ,_PUN the_AT0 rise_NN1 of_PRF the_AT0 Delta_NN1 variant_NN1 has_VHZ so_AV0 far_AV0 not_XX0 derailed_VVN the_AT0 recovery_NN1 ._SENT We_PNP 've_VHB seen_VVN no_AT0 degradation_NN1 in_PRP bookings_NN2 related_VVN to_PRP the_AT0 recent_AJ0 uptick_NN1 in_PRP covid_AJ0 infection_NN1 rates_NN2 ,_PUN "_PUQ he_PNP added_VVD ._SENT 
