Southwest Airlines (LUV) Tops Q3 EPS by 36c

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Go back to Southwest Airlines (LUV) Tops Q3 EPS by 36c

Southwest reports biggest ever quarterly loss on virus hit

October 22, 2020 6:34 AM EDT

(Reuters) - Southwest Airlines Co (NYSE: LUV) reported on Thursday a loss of more than $1 billion, its biggest ever, in the third quarter, while saying it would burn less cash in the months to come as leisure bookings show signs of recovery from this year's coronavirus-driven collapse.

Southwest, which is blocking middles seats for social distancing through November, said it would resume selling all available seats for travel from Dec. 1, referencing recent medical... More