Reading Time: 2 minutes Southwest Airlines weathered hurricanes and a competitive fare environment to post a 29.6% year-over-year (YOY) net profit gain in the third quarter, and the Dallas-based carrier is confident about its prospects for 2018. Citing multiple hurricanes that affected key Southwest markets—costing the Dallas-based carrier $100 million in lost revenue—as well as the mass shooting in […]

Reading Time: < 1 minute Southwest Airlines expects to lose $100 million in revenue in the third quarter because of the recent spate of hurricanes, and has downgraded its unit revenue and cost guidance for the September quarter. In a filing with the US Securities and Exchange Commission (SEC), Southwest said it has canceled approximately 5,000 flights during the current […]