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...
UPDATE Dec 28 – The total meltdown of Southwest Airlines’ operations is expected to take days and maybe even a week to recover, leaving thousands of passengers stranded at airports and their luggage lost. While the airline’s management offered its...
Southwest Airlines is expecting to take delivery of just about half of the number of Boeing MAX it had planned for. The US carrier thinks that Boeing will deliver 66 MAX 8s compared to the 114 that are in the fleet plan, it said on July 28 in the second quarter...
Due to the uncertain time schedule of the Boeing MAX 7, Southwest Airlines has renegotiated its long-term MAX backlog. It has reduced the number of MAX 7s on order by 26 and added 81 MAX 8s to its order book by converting previous orders and exercising purchase...
The Omicron effect on bookings and staffing will push Southwest Airlines back into a loss-making first quarter, but the carrier expects to be profitable for the rest of the year and end 2022 with black numbers. The US low-cost reported a $977 million net profit for...
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