Southwest Airlines says it lost $60M in revenue due to government shutdown

Source: The Hill | February 20, 2019 | Chris Mills Rodrigo

Southwest Airlines said Wednesday that it lost $60 million in revenue as a result of the record-long government shutdown, quadruple the company’s initial estimate.

The airline said in a filing that after it projected as much as $15 million in losses, “the company has continued to experience softness in passenger demand and bookings as a result of the government shutdown.”

The shutdown, which ended on Jan. 25 after 35 days, prompted Southwest to delay its scheduled expansion to servicing Hawaii.

The new loss estimates follow projections last month from Delta Air Lines that it would take a $25 million hit from the shutdown.

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