Southwest Airlines announced promotions for five executives on Tuesday, days after saying its operational disaster over the holidays would result in a fourth-quarter loss
Last month, Southwest had a terrible, horrible, no good, very bad week — and every business can learn something from it.
Yahoo Finance Live's Brad Smith reports that the NY State Comptroller is questioning Southwest Airlines over recent holiday travel turmoil.
Southwest Airlines Co. LUV, +2.03% late Monday announced a slew of promotions and re-arrangements, including the promotion of its vice president of network planning, Adam Decaire, to senior VP of netw
Value stocks are ruling the S&P 500 again following their standout run last year. And analysts are picking their favorites for the year.
Southwest (LUV) expects capacity in fourth-quarter 2022 to decline 6% versus fourth-quarter 2019 actuals.
Southwest Airlines is anticipating a money-losing fourth quarter after a winter storm and technology meltdown led to nearly 17,000 canceled flights and stranded hundreds of thousands of holiday travel

Southwest Airlines: The Big Winter Blow

03:40am, Saturday, 07'th Jan 2023
Southwest Airlines announced hundreds of millions in costs due to the winter storm. Preliminary cost estimate matches my model outcome and is a considerable windfall.
Yahoo Finance Live anchors Brad Smith, Brian Sozzi and Julie Hyman discuss Southwest Airlines' decision to revise its fourth-quarter forecast after its major cancellations over the holidays.
Southwest Airlines expects to rack up a significant loss, as much as $825 million, from the operational meltdown that led to nearly 17,000 flight cancellations.
It took Southwest eight days to recover just before the New Year's Day weekend, while other major airlines were up and running quickly after the storm passed.
Southwest Airlines (NYSE:LUV) Company expects to book a fourth-quarter loss after the beleaguered airlines experienced a complete operational meltdown in December, which led to widespread flight cance
The airline said Friday it canceled more than 16,700 flights in late December as a bitter winter storm wrought havoc on its operations.
The carrier estimated a hit of $725 million to $825 million from the disruption, which saw it cancel more than 16,000 flights between Dec. 21 and Jan. 2.
Southwest Airlines Co. warned Friday that it expects to report a surprise net loss for the fourth quarter, because of the costs associated with all the flights it canceled in December.
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