Southwest Airlines operating income reduction from MAX groundings estimated at USD435m

25 October, 2019

Southwest Airlines chairman and CEO Gary Kelly stated (24-Oct-2019) the operating income reduction from the Boeing 737 MAX groundings is estimated to be USD435 million for the nine months ended 30-Sep-2019, with damages expected to "grow into 2020". He noted the carrier is in "ongoing discussions" with Boeing regarding compensation for damages. [more - original PR]