Southwest airlines reports first quarter 2024 results

Dallas , april 25, 2024 /prnewswire/ -- southwest airlines co. (nyse: luv) (the "company") today reported its first quarter 2024 financial results: net loss of $231 million, or $0.39 loss per diluted share net loss, excluding special items1, of $218 million, or $0.36 loss per diluted share record first quarter operating revenues of $6.3 billion liquidity2 of $11.5 billion, well in excess of debt outstanding of $8.0 billion bob jordan, president and chief executive officer, stated, "while it is disappointing to incur a first quarter loss, we exited the quarter with healthy profits and margins in the month of march. we are focused on controlling what we can control and have already taken swift action to address our financial underperformance and adjust for revised aircraft delivery expectations.
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