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A technological meltdown forced the airline to cancel thousands of flights around Christmas and New Year's Eve

Southwest Airlines set to post loss on cancellations

Southwest Airlines today revised its fourth quarter forecast to net loss from "strong profit" after a technological meltdown forced it to cancel thousands of flights around Christmas and New Year's Eve.

Business • 06 Jan 23

The profit warning marked a u-turn from the airline's upbeat statement last month

Southwest warns on third-quarter profitability

Southwest Airlines became the first big US carrier to warn of a hit from the more infectious Delta variant of the coronavirus on Wednesday, saying it may not be profitable in the current quarter.

Business • 11 Aug 21

Total operating revenue at Southwest, which is more focused on domestic travel, rose nearly 300% in June

American, Southwest post profits in June without aid

US carriers American Airlines and Southwest Airlines said strong bookings made them profitable in the month of June even without US federal aid for workers' salaries, a first since the pandemic began in early 2020.

Business • 22 Jul 21

Southwest Airlines said that improving demand for leisure travel was expected to more than offset higher fuel prices

Southwest Airlines trims Q2 cash burn forecast

Southwest Airlines has today trimmed its average core cash burn forecast by $1m a day for the second quarter, as improving demand for leisure travel is expected to more than offset higher fuel prices.

Business • 19 May 21

Southwest reported an annual loss of $3.1 billion, its first annual loss since 1972

American Airlines, Southwest post record losses

American Airlines Group and Southwest Airlines have posted their biggest-ever annual losses.

Business • 28 Jan 21

Southwest said its October operating revenue fell 65%, compared to its expectations of a 65% to 70% drop

Southwest Airlines says revenue improvement loses steam

Southwest Airlines said an improvement in revenue seen in the past few months was losing steam in recent weeks amid surging Covid-19 cases in the US.

Business • 12 Nov 20

Southwest Airlines has forecast fourth-quarter average core cash burn of about $11m a day, compared with $16m a day in the third quarter

Southwest reports biggest ever quarterly loss

Southwest Airlines has reported a loss of more than $1 billion, its biggest ever, in the third quarter, while saying it would burn less cash in the months to come as leisure bookings show signs of recovery from this year's coronavirus-driven collapse.

Business • 22 Oct 20

Southwest expects its cash burn to be about $20m a day, compared with its prior estimate of about $23m a day

Southwest forecasts lower Q3 cash burn as booking rise

US carrier Southwest Airlines said today it expects cash burn in the third quarter to slow as bookings improve in August from a pandemic-driven grounding of flights worldwide.

Business • 19 Aug 20

Southwest CEO Gary Kelly said the airline is losing 6-7 million customers a year due to the 737 MAX grounding,

American, Southwest say demand helping competitors

Healthy travel demand is cushioning results for American Airlines Group and Southwest Airlines, but the two airlines warned that they are losing customers as their Boeing 737 MAX jets remain parked in a global grounding.

Business • 24 Jan 20

Southwest Airlines is the largest global operator of the MAX planes

Airlines count the cost of Boeing 737 MAX grounding

Several international airlines have reported tentative schedules for when they expect their Boeing 737 MAX up in the air again.

Business • 16 Jul 19

Southwest Airlines is moving its Boeing 737 MAX aircraft into storage

Boeing 737 MAX makes emergency landing in Florida

A Boeing 737 MAX aircraft operated by Southwest Airlines made an emergency landing after experiencing an engine problem as it was being ferried from Florida to California.

World • 27 Mar 19

The engine explosion on Southwest Airlines flight 1380, which caused the death of one passenger, was caused by a fan blade that broke off

Plane checks ordered after Southwest airlines incident

US and European airline regulators have ordered emergency inspections of nearly 700 aircraft engines similar to the one involved in a fatal Southwest Airlines engine blow out earlier this week, citing risks of a similar mishap.

News • 21 Apr 18

The passenger jet made an emergency landing at Philadelphia International Airport

Engine inspections ordered after US Southwest explosion

US aviation officials have ordered the inspection of some 220 jet engines after investigators said a broken fan blade caused an engine to explode on a Southwest Airlines flight, shattering a window and killing a passenger.

World • 19 Apr 18