Southwest Airlines’ meltdown loss could run $500 million to $700 million

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Southwest Airlines’ meltdown loss could run $500 million to $700 million
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So far, the Dallas-based airline has declined to put a price tag on the nationwide chaos while they work to total the damages and process claims for...

When Southwest Airlines’ had an operational meltdown in October 2021, it cost the airlineSo what kind of hit is the Dallas-based company looking at from its Christmas fiasco that led to more than 17,100 canceled flights in an eight-day period?

Southwest leaders have so far declined to put a price tag on the meltdown while they work to total the damages and process claims for reimbursement. “We’re still compiling that; it’s just to tell,” CEO Bob Jordan said during a media call last week. “This is a significant event.”

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