International Companies

Southwest shares sink as airline reports airport exits, Q1 losses

By Benjamin Chiou

Date: Thursday 25 Apr 2024

(Sharecast News) - Shares in Southwest Airlines plummeted on Thursday after the carrier announced plans to pull out of four airports to improve its financial performance, as it reported a wider-than-expected loss for the first quarter and trimmed its annual guidance.
The company reported an adjusted net loss of €218m for...

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