Southwest Airlines reports better-than-expected earnings, revenue despite 737 Max jet grounding

Southwest Airlines first-quarter profit and revenue were better than expected despite the prolonged grounding of the Boeing 737 Max jets that forced it to cancel more than 10,000 flights during the quarter, the company said Thursday.Here's what the airline reported, versus average analysts estimates compiled by Refinitiv:

The 737 Max has been grounded since mid-March after the jet's anti-stall software was implicated in two fatal crashes in Ethiopia and Indonesia.

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