Southwest Airlines Earnings Hit by Holiday Meltdown

📆 26/01/2023 12:26:00
📰 WSJ

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Southwest Airlines posted a fourth-quarter loss after a cascade of cancellations in the final week of the year threw its operation into chaos and stranded thousands of passengers

It was a turbulent year for carriers in 2022. But Southwest’s holiday meltdown stands out.

So how much did the cancellations, lost bags and complaints affect the company’s place in WSJ’s annual airline rankings? Illustration: Jon Krausea cascade of cancellationsThe largest carrier of U.S. domestic passengers said Thursday that it expects another loss in the first quarter asa WSJ membership

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So is this why they're raising their prices so much that Delta has become the better (and cheaper) option? Saying that because I recently booked travel for my family (usually fly SouthwestAir for personal travel) but ended up saving close to $400 booking with Delta.

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