Southwest net losses fall further to $231 million in first quarter 2024

Southwest Airlines has posted a net loss of $231 million in the first quarter of 2024, slumping further from its net loss of $159 million in 2023’s first quarter. It reported a loss per share of 39 cents, down further from its loss per share of 27 cents in the first quarter of 2023. “While it is disappointing to incur a first quarter loss, we exited the quarter with healthy profits and margins in the month of March,” said Southwest president CEO Bob Jordan. “We are focused on controlling what we can control and have already taken swift action to