Southwest Posts Profit Fueled by Strong Holiday Bookings
Skift Take
Despite pressure to cut costs and an activist investor campaign, Southwest reported a healthy profit for the fourth quarter.
Southwest Airlines posted a profit for the fourth quarter, boosted by strong holiday bookings and travel demand.
The carrier had a net income of $261 million, compared with a $252 million loss reported last year. Southwest had operating revenues of $6.93 billion for the fourth quarter.
