Wednesday, 26 October 2016

Southwest Airlines earnings drop 34% on credit card accounting, tech outage - USA TODAY


USA TODAY

Southwest Airlines earnings drop 34% on credit card accounting, tech outage
USA TODAY
Southwest Airlines reported a 34% decline in net income Wednesday, missing analyst expectations after a one-time adjustment for an accounting change for a branded credit card and a technical outage that snarled flights in July cut into earnings.
Southwest revenue down 3.4%, hurt by tech outageMarketWatch

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