Southwest Airlines (NYSE: LUV) on Thursday reported a $1.2 billion net loss in the third quarter, a result of the continued impact of the coronavirus tamping down domestic passenger travel.
Excluding special items, the airline recorded a net loss of $1.2 billion for the quarter, while its operating revenues reached $1.8 billion, down 68.2% year-over-year
“We are encouraged by modest improvements in leisure passenger traffic trends since the slowdown in demand experienced in July,” said Southwest...
https://s29755.pcdn.co/news/southwest-airlines-records-12b-q3-loss