Southwest's third-quarter profit plummets 77%

Southwest Airlines yesterday cited a $40 million revenue reduction related to the August terrorist threat, special charges and "an overall softening in demand for air travel" as reasons for a 77.1% plunge in third-quarter profit to $48 million from net income of $210 million in the year-ago quarter...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.