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Meltdown pushes Southwest into deep Q4 loss

Meltdown pushes Southwest into deep Q4 loss

by Richard Schuurman | Jan 6, 2023 | Airlines | 0 comments

Southwest Airlines says its Q4 result will slip to a $-725 to $-825 million pre-tax loss, the result of the meltdown of the carrier’s operations between December 21 and December 31. “A significant portion of this impact is from an estimated revenue loss in the range...
SAS continues to see deep red as restructuring progresses

SAS continues to see deep red as restructuring progresses

by Richard Schuurman | Nov 30, 2022 | Airlines | 0 comments

The full-year loss of SAS Scandinavian Airlines deepened as the airline works its way through the Chapter 11 restructuring process. Despite carrying significantly more passengers in the past months, the financial results are lagging behind. SAS continues to see deep...

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