Southwest Airlines informed investors June 4 to expect a second-quarter 2018 RASM drop of about 3% compared to 2Q 2017, a consequence of lower bookings following the April 17 engine failure on flight 1380, a Boeing 737-700, which killed one passenger. Southwest related the drop in bookings to the company’s decision to reduce marketing efforts following the accident. In late April, Southwest executives estimated the carrier had already taken a 1% hit on its 2Q RASM. ...

Subscribe to Access this Entire Article

"Southwest warns of 2Q revenue hit post-accident; trims capacity " is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.