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Holiday travel disruptions could cost Southwest up to $825 million

Por: WPTV Life January 06, 2023

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Southwest expects to take a huge financial hit following a system meltdown that led to thousands of flights being canceled over the holidays. In a filing with the Securities and Exchange Commission, Southwest said the service disruptions will cost the company between $725 million and $825 million, which means it will likely report a net loss for the fourth quarter of 2022. Southwest said it canceled 16,700 flights from December 21, 2022, through... + full article



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