SOUTHWEST AIRLINES

SOUTHWEST AIRLINES says its average core cash burn was $15m per day in January 2021 and now estimates cash burn to be $15m per day in 1Q21 vs previous guidance of $17m. It continues to expect 1Q21 capacity to decrease 35% vs 1Q20 and 38% vs 1Q19. It currently expects April 2021 capacity to increase...

Subscription Required

 

SOUTHWEST AIRLINES is part of our SpeedNews subscription.

Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.

Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login

 

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.