Southwest Airlines Predicts $150M Loss

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houston-hobby-stephen-m-keller-2018-3

(Dallas, TX) —  Southwest Airlines is predicting a 150-million-dollar loss from flight disruptions, however, its stock rose anyway.

The announcement was made yesterday morning, and shares in the Dallas-based airline company rose two-point-two-percent by the end of the day.  Southwest said it canceled 94-hundred flights starting in mid-February due to 737 Max groundings, its contract fight with mechanics, and severe winter storms.

 

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