Southwest Airlines has become the latest carrier to take a profit hit from the grounding of 34 of its Boeing 737 MAX fleet, which has forced the group to cancel more than 10,000 flights. The airline has estimated that the impact of the flight cancellations, following two fatal crashes, has seen its net income reduced by $150 million. “Flight cancellations are expected to drive unit cost pressure for the duration of the MAX groundings,” said Gary C. Kelly, chairman of the board and chief executive officer. “Currently, the timeline is uncertain for the MAX aircraft return to service. In the meantime, we have
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