1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Cody Eustice
Cody Eustice
Articles (558)  | Author's Website |

Southwest CEO's Interview With CNBC

Kelly discusses the airline industry in the wake of the pandemic

September 29, 2020 | About:

On Sept. 23, Southwest Airlines Co.(NYSE:LUV) Chairman and CEO Gary Kelly appeared on CNBC's "Squawk on the Street" to discuss the airline industry.

Southwest's business is down 70% from this time last year as a result of the ongoing pandemic. While he had hoped that the industry would have recovered by now, the Paycheck Protection Program has allowed the company to stay neutral for the last two quarters and helped prevent it from losing $3 billion. The company has about $15 billion in the bank to weather this pandemic. The company has seen pretty stable operations for the last two months and has been trying to maintain its business throughout this crisis.

Interview with CNBC:

Disclosure: No positions.

Read more here:

Not a Premium Member of GuruFocus? Sign up for a free 7-day trial here.​

About the author:


Rating: 0.0/5 (0 votes)

Comments

Please leave your comment:



Performances of the stocks mentioned by Cody Eustice


User Generated Screeners


pjmason14Momentum
pascal.van.garsseHigh FCF-M2
kosalmmuse6
kosalmmuseBest one1
DBrizanall 2019Feb26
kosalmmuseBest one
DBrizanall 2019Feb25
kosalmmuseNice
kosalmmusehan
MsDale*52-Week Low
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)