Snow costs Southwest $15 million

Southwest Airlines said the February snowstorms cost it an estimated $15 million in lost revenue but boosted passenger RASM by 16%-17% year-over-year as a result of the reduced capacity. SWA flew 4.99 billion RPMs in February, down 2.3% year-over-year, and capacity was down 8.7% to 6.75 billion ASMs...

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