By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
LazyTraderLazyTrader
  • Tracker
    • Stocks
    • Forex
    • Crypto
    • ETFs
  • Analytics
    • Advanced Chart
    • Intra Day
    • Technical Analysis
    • Watch List
    • Analytics Platform
  • News
    • Stocks
    • Forex
    • Crypto
    • Videos
  • ToolsNew
    • TradingView
    • Forex Calculators
    • Forex VPS
    • MetaTrader
  • Academy
    • The Swedish Investor
    • Freenvesting
    • Finaius Films
    • Chat with Traders
    • Millionaire Secrets
    • Investor Archive
    • Book summaries
  • Buy LazyTrader
  • Contact
Reading: Southwest Airlines cancels more than 60% of its flights amid brutal travel weekend
Share
Aa
LazyTraderLazyTrader
Aa
  • Menu
  • Academy
  • Buy LazyTrader
  • Tools
  • Insights
  • Contact
Search
  • Tracker
    • Stocks
    • Forex
    • Crypto
    • ETFs
  • Analytics
    • Advanced Chart
    • Intra Day
    • Technical Analysis
    • Watch List
    • Analytics Platform
  • News
    • Stocks
    • Forex
    • Crypto
    • Videos
  • ToolsNew
    • TradingView
    • Forex Calculators
    • Forex VPS
    • MetaTrader
  • Academy
    • The Swedish Investor
    • Freenvesting
    • Finaius Films
    • Chat with Traders
    • Millionaire Secrets
    • Investor Archive
    • Book summaries
  • Buy LazyTrader
  • Contact
  • Contact
  • Blog
  • Complaint
  • Advertise
© 2022 Lazy Trader. All Rights Reserved.
LazyTrader > Insights > Stocks > Southwest Airlines cancels more than 60% of its flights amid brutal travel weekend
Stocks

Southwest Airlines cancels more than 60% of its flights amid brutal travel weekend

Team Lazy
Share
SHARE

Southwest Airlines Co.’s
LUV,
+1.78%

 operations were in disarray Monday after a brutal weekend in which many airlines struggled, but Southwest’s woes stood out.

The budget-travel pioneer on Monday scrapped about 60% of its schedule, or more than 2,500 flights, after Southwest on Christmas Day canceled about 46% of its flights, according to FlightAware.

Chief Executive Bob Jordan told employees in a message Sunday evening that it might take a few more days to get back on track. “The winter storm was unprecedented all across our network. And we’ve got fallout from that—just trying to get the network back to normal,” he said.

- Advertisement -

Other airlines also had a rough run amid the harsh spell of weather that crossed the country starting last week. Delta Air Lines Inc.
DAL,
+0.73%

 canceled roughly 20% of its flights Saturday and Sunday. Alaska Air Group Inc.
ALK,
+1.00%

 canceled about 65% of its flights on Friday. Spirit Airlines Inc. 
SAVE,
-0.71%

on Sunday canceled 25% of its flights.

But other carriers didn’t have the same continuous level of disruption. And several saw cancellation numbers ease Monday, while Southwest’s tally has climbed. Southwest’s woes were due to a combination of the location of bad weather, the setup of Southwest’s flight routes and, executives and union leaders said, execution challenges.

An expanded version of this report appears on WSJ.com.

Trending at WSJ.com:

SPAC boom ends in frenzy of liquidation

Wall Street nailed earnings but missed the bear market


Source link

Team Lazy December 26, 2022
Share this Article
Facebook Twitter Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

You Might also Like

Stocks

Moscow claims village near Bakhmut in big eastern push By Reuters

6 Min Read
Stocks

This newsletter editor has been recommending stocks and bonds this year and says the rally has room to run

8 Min Read
Stocks

Pakistan buries mosque blast victims as death toll passes 90 By Reuters

3 Min Read
Stocks

U.S. may cut off China’s Huawei entirely from U.S. suppliers

2 Min Read
Stocks

People who posted Sam Bankman-Fried’s bail should be named, U.S. judge rules By Reuters

3 Min Read
Stocks

Elon Musk is trying to build a Twitter payments system — and crypto may be part of it: report

2 Min Read
Stocks

Time to short Goldilocks? Why this major bank’s strategist is now turning cautious.

7 Min Read
Stocks

Philadelphia Eagles emerge as early Super Bowl favorites over Kansas City Chiefs

2 Min Read
Stocks

China’s MMG flags production halt at Las Bambas in Peru due to protests By Reuters

2 Min Read
Stocks

McDonald’s earnings haven’t been hit by higher prices, as ‘it just seems like Americans are more upset by the change in price at grocery stores’

6 Min Read
Stocks

Genesis Capital’s fall might transform crypto lending — not bury it By Cointelegraph

1 Min Read
Stocks

White House cryptocurrency ‘roadmap’ recommends against pension funds By Cointelegraph

0 Min Read

© 2022 Lazy Trader. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?