
Southwest’s operational meltdown during the holidays has cost them a reported 800+ million.
The hundreds of millions have therefore resulted in the airline adjusting its expectations for the fourth quarter. An adjustment that will see a fourth-quarter profit turn into a fourth-quarter loss.
Calculations that comprise passenger reimbursements, exterior costs and general lost revenue. Southwest cancelled more than 15,000 flights across ten days during the peak holiday demand. It brought on a severe winter storm.
Setting record lows and conditions that spiralled the operations out of control. Although, as stated by analysts and those within Southwest, this had been a long time coming. The problem stretched to old technology.
Southwest Crisis To Cost 800+ Million — Dj’s Aviation
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