Southwest Shares Take A Tumble Unlisted Video
5 years ago
2.56K
Southwest Airlines Co
Aircraft Mechanics Fraternal Association
Us Airways
Low-Cost Carriers
Federal Government Of The United States
Collective Bargaining
United States
Reuters reports that Southwest Airlines Co’s shares fell as much as 6 percent on Wednesday.
The fall comes after the company said it was investigating whether a conflict with its mechanics union was leading to increased cancellations.
On Wednesday, the airline cut its first-quarter growth forecast for revenue per seat mile.
The cuts were due to a higher-than-expected impact from the recent U.S. government shutdown and weak passenger bookings.
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