Southwest Airlines Lowers Cash Burn Target On Improved Leisure Demand

Ben Goldstein February 16, 2021
aircraft
Credit: Rob Finlayson
Southwest Airlines lowered its cash burn estimate for the 2021 first quarter (Q1) after observing stronger than expected revenue and booking trends in February. The Dallas-based carrier now expects to burn through roughly $15 million per day during Q1, better than prior guidance of $17 million per...
Ben Goldstein

Based in Washington, Ben covers Congress, regulatory agencies, the Departments of Justice and Transportation and lobby groups.

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