Gold Prices Rise as Dollar Weakens, Treasury Yields Fall 
MSTR Stock Rises as Barclays Raises Price Target to $175 
Robinhood Chain Eyes Priority Gas Auctions for Faster Trades 
Rising Rates Top Global Growth Risks as Wealthy Investors Favor Asia 
Oracle Uses Trucked Natural Gas to Power AI Data Centers Amid Pipeline Delays 
EU Gives Crypto Platforms Three Months to Remove USDT Under MiCA Rules 
Fed Minutes Signal Another Rate Hike by Year-End 
Gold Prices Hit One-Week High as Oil Falls, Fed Rate Outlook Weighed 
US-Led Coalition Targets Global Factory Overcapacity 
Wall Street Falls as Fed Minutes Signal Another Rate Hike 
Gold Prices Rise as Hormuz Tensions Fuel Inflation Risks 
Zcash Plans Quantum-Resistant Security Upgrade for January 
Trump Secures Russian Diesel Deal as US Fuel Prices Surge 
US Treasury Yields Ease After Strong 10-Year Auction as Global Bonds Struggle 
Blockchain.com Seeks CFTC Approval for Prediction Markets and Crypto Derivatives 
Dollar Near 18-Month High as Euro, Yen and Pound Weaken 
US Dollar Rises for Fourth Week as Fed Rate Hike Bets Grow 
Add as a preferred source on Google
Southwest Airlines was said to have called back 209 pilots who have signed a voluntary extended leave program. They were asked to return for the flights scheduled for the summer.
Southwest Airlines said on Monday, April 5, that the decision to recall the pilots is part of the company’s preparations as the demand for travel increases. The airline acknowledges the fact that this is a sign of recovery in the travel business.
Flight demand soars
As per Reuters, the pilots are set to go back to their work on June 1. After reporting to work, they will be asked to complete the necessary requalification training requirements before they can fly again with passengers.
In any case, it was mentioned that the recovery in the travel industry is because more and more Americans are getting vaccinated with the COVID-19 vaccine. This means people now feel at ease and more comfortable when traveling as they have some protection from the virus.
Most airlines have stopped their normal operations since the pandemic hit last year. As a result, employees were asked to take a leave while others were even laid off. And today, with the availability of vaccines, it seems that the travel industry is on its way to recovery, as shown in the increasing demand for travel in recent weeks.
Airlines expecting to bounce back soon
Nasdaq reported that along with the recall of 209 pilots who are on extended vacation programs, Southwest Airlines also placed an order for additional 100 Boeing 737 Max planes. This move is also part of the firm’s post-pandemic recovery efforts.
As more people around the world are vaccinated, the airline industry is expecting a rebound in business in the coming days or weeks. In fact, United Airlines and Delta Air Lines have also started to recall pilots to match the flight demands that shot up recently.
Meanwhile, over 1.5 million passengers were recorded to have traveled for the Easter holidays. This was a big jump from last year’s 122,029 passengers in the same period. Delta Airlines even had to cancel 100 flights for the big demand, and yet it only has few pilots available.
