Carriers Warn Of Fourth Quarter Earnings Hit Amid Flight Disruptions
US airlines are beginning to reveal the financial consequences of the recent 43-day federal government shutdown, with several carriers warning of a hit to their fourth-quarter results. Southwest Airlines and Delta Air Lines have both detailed the impact, with Southwest cutting its full-year earnings forecast and Delta estimating a $200 million loss. The shutdown led to significant flight disruptions, with over 10,000 flights canceled between November 7 and 16, according to FAA and industry figures. The situation was first reported by AeroTime.