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S&P Global Ratings downgrades outlook for Southwest Airlines after Christmas cancellations

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S&P Global Ratings downgrades outlook for Southwest Airlines after Christmas cancellations

S&P Global Ratings said it would revise its outlook on Southwest Airlines from positive to stable due to operational losses incurred over the Christmas holiday. Citing the airline's admission that it faces a pre-tax "negative impact" of up to US $825 million for the fourth quarter after around 1...

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