00:00It's Benzinga, bringing Wall Street to Main Street.
00:03Southwest Airlines lowered its 2025 earnings forecast to about $500 million
00:07due to reduced demand during the more than 40-day federal shutdown and higher fuel costs,
00:12according to CNBC. Bookings have since returned to expected levels, according to the filing.
00:18Delta said earlier this week that the shutdown cost it $200 million.
00:22The shutdown disrupted air travel as air traffic controller shortages worsened
00:26and controllers worked without pay. The Trump administration required airlines to cut
00:31schedules and cancel flights, and cancellations and delays exceeded required reductions
00:36during some of the final days. For all things money, visit Benzinga.com.
Comments