Southwest Air does not see Q1 profit due to fuel

Skift Take

(Reuters) – Southwest Airlines Co does not expect to report a profit for the current first quarter because of high fuel prices, the company’s finance chief said on Tuesday.

Up Next

Coronavirus

U.S. Eases Travel Restrictions for Fully Vaccinated Global Travelers and 9 Other Top Travel Stories

In Skift's top stories this week, the U.S. announces it's reopening to fully vaccinated overseas air travelers, Expedia Group consolidates its three three loyalty programs, and Airbnb CEO Brian Chesky envisions remote work enabling employees to live in less-expensive areas.

Rashaad Jorden | 14 hours ago

Travel Technology

RateGain Buys Hotel Marketing Tech Ahead of Its IPO

Skift has recently covered the rise of fintech (financial technology) and insurtech (insurance technology) in travel. We predict you'll also be hearing more about martech, or marketing technology, in the coming year, too.

Sean O'Neill | 16 hours ago

Tourism

How Travel Execs Reacted to Airbnb CEO Brian Chesky’s Golden Age Vision

Several fellow speakers aligned themselves with Brian Chesky at Skift Global Forum in a surprising show of unity among the dogfighting.

Matthew Parsons | 1 day ago