Southwest Airlines reports first quarter 2022 results

Southwest Airlines Co. today reported its first quarter 2022 financial results: Net loss of $278 million, or $0.47 loss per diluted share, Excluding special items1, net loss of $191 million, or $0.32 loss per diluted share, Operating revenues of $4.7 billion, down 8.8 percent compared with first quarter 2019, Cash provided by operations of $1.1 billion, Liquidity2 of $16.7 billion, well in excess of debt outstanding of $10.7 billion