Southwest Airlines says COVID-19 surge is causing travel cancellations
NY Post
Southwest Airlines said it expects a significant drop in revenue as Americans ditch travel plans amid rising COVID-19 cases driven by the Delta variant.
The company said Wednesday it saw a “deceleration in close-in bookings and an increase in close-in trip cancellations in August 2021, which are believed to be driven by the recent rise in COVID-19 cases associated with the Delta variant,” according to a filing with Securities and Exchange Commission. Southwest said it expects August operating revenue to be down somewhere from 15 percent to 20 percent compared with the same month in 2019.More Related News