SOUTHWEST AIRLINES

SOUTHWEST AIRLINES posted $446m net income for 3Q21 (vs $659m in 3Q19) on 17% lower revenues vs 3Q19; it says profit was driven by $763m offset of salaries, wages, and benefits expenses related to the receipt of Payroll Support Program (PSP).

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.