Southwest Drops Four Airports After $218M Q1 Loss

CNN reports:

Southwest Airlines announced Thursday it will stop serving four airports after reporting increased losses in the first quarter and more delays in the delivery of promised jets from Boeing.

The four airports are Bellingham International Airport in Washington state, Cozumel International Airport in Mexico, Syracuse Hancock International Airport in New York and Houston’s George Bush Intercontinental Airport. Southwest will continue to serve Houston’s other airport.

In its quarterly financial report on Thursday, Southwest (LUV) announced it lost $218 million excluding special items, or 36 cents a share, in the first quarter. That was up from the $163 million it lost on that basis a year ago.

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Southwest Airlines announced today it will stop serving four airports, including Bellingham International Airport, after reporting increased losses in the first quarter and more delays in the delivery of promised jets from Boeing. https://t.co/gDytnkvDsC

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