Southwest, after strong 2022 rebound, expects losses in Q4

By MICHELLE CHAPMAN
AP Business Writer

Southwest says it now anticipates a loss in its fourth quarter after the airline canceled more than 16,000 flights around Christmas and left holiday travelers stranded. The Dallas-based company said in a regulatory filing on Friday that it canceled more than 16,700 flights from Dec. 21 through Dec. 31 of last year. Southwest Airlines Co. estimates a quarterly revenue loss of $400 million to $425 million.