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Southwest Airlines believes the emergency landing that left one woman dead cost the airline $100 million in business
Southwest Airlines is still feeling the effects of the emergency landing that left one passenger dead on April 17. CEO Gary Kelly attributed higher fuel prices and the effects stemming from the deadly accident on Flight 1380 for the reduced revenues. Southwest still posted a profit.
Airlines warned fuel prices were a growing threat, but it just became clear how terrible the situation has become
Delta Air Lines reported second-quarter 2018 profits of $1.025 billion on $11.775 billion in revenue. Even with record high revenues, the airline's profits fell by $161 million because of the extra $654 million it had to spend of fuel.
Fuel prices have been ris...