American companies spent years in an economic boom. Then the coronavirus hit.
said they saw a surge in loyalty program members as consumers downloaded their apps to order takeout or delivery. Both companies have heavily invested in technology in recent years, a strategy that's helped them reach customers even at locations that lack drive-thru lanes.
American Airlines fleet services employees prepare to load cargo pallets on a 777-300 at Dallas/Fort Worth International Airport bound for Frankfurt Airport in Germany during the cornoavirus pandemic on March 20, 2020 in Dallas, Texas., the pandemic is finally helping the struggling company shed its reputation as a dine-in pizza chain. Pizza Hut has tried to grow its digital and delivery sales as fewer customers want to eat their pizzas inside its restaurants.
Airlines facing a dearth of passengers started scheduling flights that were carrying only cargo. For American Airlines, they were its first cargo-only flights since 1984.Rogoff, the economist and Harvard professor, said companies will have to be nimble to weather what's likely to be a years-long economic downturn.
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