SOUTHWEST AIRLINES had $68m net profit in 4Q21 (vs $514m profit in 4Q19) on 13.4% lower revenues; and $977m net profit in 2021 (vs $2.3b in 2019) on 30% lower revenues. It ended year with $16.5b in total liquidity and $10.7b debt.

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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.