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

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The carrier, which has 34 of the 737 Max jets, extended cancellations through Aug. 5. The Max comprises less than 5% of its fleet.

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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EasterwoodKeith How?!

It's amazing how well you can do when you allow the customer to change their travel plans for free, check 2 bags free, not nickel and dime to death. SouthwestAir SpiritAirlines AmericanAir Delta

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