![]() ![]() Some analysts argue the booking trends are better than expected, given the sharp rise in Covid-19 cases. ![]() Cash burn for the fourth quarter also looks slightly better at around $10 million a day. ![]() Southwest is also whittling away at its cash burn rate, taking it down to $10 million a day in October from its prior $12 million outlook. Southwest Airlines is adopting a slightly different approach to managing its capacity during the COVID-19 pandemic. United said in May that middle seats and certain aisle seats. At the low end, that would be an improvement over its fourth-quarter capacity, down 40%. The main difference between them being that United is a full-service legacy carrier and Southwest is a no-frills low-cost airline. Southwest did issue a marginally improved outlook for January, expecting capacity to be down 35% to 40% from year-earlier levels. But Southwest isn’t immune to Covid-related trends revenues are running at 60% to 65% of pre-pandemic levels, and the carrier is still operating at a loss. New cases are also soaring in parts of Europe, resulting in new lockdowns and travel restrictions.Ī domestic leisure-travel carrier, Southwest has fared better than airlines more heavily exposed to business and international travel-both taking far longer to recover, as Delta CEO Ed Bastian told Barron’s this week. New cases are averaging more than 120,000 a day in the U.S., spiking across much of the country in the last few weeks. Holiday Travel Park in Holiday, Florida: 8 reviews, 68 photos. SAS Pilot Strike Ends What It Means For Travelers July 20, 2022. Review: United Airlines 787 Business Class London Los Angeles July 20, 2022. SOUTHWEST AIRLINES REVIEWS COVID UPDATESouthwest issued a relatively strong third-quarter earnings report, but its latest update may be a sign of softening demand for travel as Covid-19 cases surge. Browse all 201,784 Orlando topics COVID Test to Return to Canada Watch this Topic. Give me my money back smelly hoes Southwest Airlines or send me a bottle of expensive champagne. ![]()
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