Southwest Airlines has reported a net loss of $219 million for the fourth quarter of 2023. The amount translates to around $0.37 loss per diluted share. Excluding special items, its fourth quarter net income resulted in $233 million ($0.37 per diluted share). The company’s full year net income was $498 million; $0.81 per diluted share. Adjusted net income was $986 million; $1.57 per diluted share. “As we work urgently to restore our profit margins to historical levels, we believe our 2024 plan provides a line of sight to improve our profitability year-over-year, earn our cost of capital this year, and
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