SOUTHWEST AIRLINES had $908m net loss for 4Q20 (vs $514m profit in 4Q19) on 64.9% lower revenues; and $3.1b net loss in 2020 (vs $2.3b profit in 2019) on 59.7% lower revenues. It suffered its first annual loss after 47 consecutive years of profits.

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Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.