Friday, January 25, 2019

Government shutdown has cost Southwest Airlines up to $15 million

The government shutdown is costing Southwest Airlines between $10 million and $15 million, the airline estimated in its fourth quarter earnings release Thursday morning. This follows similar language from Delta Air Lines, Inc. (NYSE: DAL) which said earlier this month that the shutdown would cost them about $25 million a month in revenue. Delta CEO Ed Bastian said the fewer amount of traveling government workers was negatively impacting the business. American Airlines Group, Inc. (NASDAQ: AAL)…



from https://www.bizjournals.com/baltimore/news/2019/01/25/southwest-airlines-government-shutdown.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/182297506107

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