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Southwest Airlines Discloses Impact of Late 2022 Meltdown, Outlook for 2023

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Southwest Airlines Discloses Impact of Late 2022 Meltdown, Outlook for 2023 — A Southwest Airlines Boeing 737-800 plane is seen at Los Angeles International Airport (LAX) in the Greater Los Angeles Area, California, on April 10, 2017. Lucy Nicholson/ Reuters

Janice Hisle

Senior Reporter

1/26/2023|Updated: 1/26/2023

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Southwest Airlines suffered a fourth-quarter loss of $200 million because of an operational meltdown in late December 2022. But the Dallas-based company still ended 2022 with a net income, according to the company’s Jan. 26 statement.

Even so, the company projects that the first quarter of 2023 will result in a net loss, “based on current revenue and cost trends,” CEO Bob Jordan said in the statement.

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Janice Hisle

Senior Reporter

Janice Hisle mainly writes in-depth reports based on U.S. political news and cultural trends, following a two-year stint covering President Donald Trump’s 2024 reelection campaign. Before joining The Epoch Times in 2022, she worked more than two decades as a reporter for newspapers in Ohio and authored several books. She is a graduate of Kent State University's journalism program. You can reach Janice at: [email protected]