SOUTHWEST AIRLINES
SOUTHWEST AIRLINES had $908m net loss for 4Q20 (vs $514m profit in 4Q19) on 64.9% lower revenues; and $3.1b net loss in 2020 (vs $2.3b profit in 2019) on 59.7% lower revenues. It suffered its first annual loss after 47 consecutive years of profits.
Subscription Required
SOUTHWEST AIRLINES is part of our SpeedNews subscription.
Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.
Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.