Friday, July 27, 2018

Southwest says fatal accident had a $100M impact

The accident that caused a fatality on Southwest Flight 1380 in April had a $100 million impact on revenue, the airline said in its second quarter earnings report released Thursday morning. The drop in revenue is expected to be temporary and subside in the third quarter, Southwest Airlines Co. (NYSE: LUV) said in its filing. In April, a fan blade separated from the left engine on a Southwest flight heading from New York to Dallas. The damage was catastrophic. Shrapnel from the engine pierced the…



from https://www.bizjournals.com/baltimore/news/2018/07/27/southwest-airlines-100-million-impact.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/176344939912

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