Airline

Southwest Q3 net loss reaches $1.2bn

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Southwest Q3 net loss reaches $1.2bn

Southwest Airlines has reported a third quarter 2020 net loss of $1.2bn, with operating revenue of $1.8bn, down 68.2% year-on-year, on the back of a 32.8% reduction in capacity. The airline ended the quarter with $15.8bn in available liquidity, which consists of cash and short-term investments of $1...

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