Southwest Airlines falls 5% after it cancels thousands of flights over the holiday weekend, with more cancellations spilling over into the rest of this week

Dec 27 2022 by Business Insider

 
Canceled flight travelers line up in front of Southwest Airlines sign at Denver International Airport.

Hyoung Chang/Getty Images

Southwest Airlines fell 5% on Tuesday after the company canceled 2,900 flights on Monday.Bad weather and crew shortages drove Southwest's 62% cancellation rate, compared to just 2% for other airlines.The airline said it expects more cancellations to spillover into this week, with another 2,800 flights canceled on Tuesday.

Southwest Airlines stock dropped 5% on Tuesday...

Continue Reading Southwest Airlines falls 5% after it cancels thousands of flights over the holiday weekend, with more cancellations spilling over into the rest of this week