Home » Markets » Southwest Airlines sees July rebound after turning profit
Southwest Airlines sees July rebound after turning profit
Fox Business Flash top headlines for July 22
Check out what’s clicking on FoxBusiness.com.
Southwest Airlines, encouraged by current bookings in leisure travel, projects demand to surpass pre-pandemic levels in July.
SOUTHWEST AIRLINES CO.
The upbeat forecast comes right after the major U.S. carrier reported a net income of $348 million over the past three months, reversing last year’s loss of $915 million in the same stretch. The airline did so without federal aid, according to Southwest CEO Gary Kelly.
CLICK HERE TO READ MORE ON FOX BUSINESS
The three-month stretch ending in June "marked an important milestone in the pandemic recovery as leisure travel demand surged," Kelly said in the company's second-quarter earnings report.
MarketsComments Off on Southwest Airlines sees July rebound after turning profit