Southwest is set to return to profitability
CNN
Southwest Airlines posted a first-quarter loss, but the company said that will be the last time it loses money for a while.
The airline had gone more than 11 years without a money-losing quarter and 47 straight years of annual profits before the pandemic. But Southwest said that it made money in March, and that it expects to make money the rest of this year.
It's another sign that the massive, unprecedented losses across the US airline industry caused by the pandemic are finally over, even if the pandemic itself is not yet concluded.
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