Interest In Flights To Hawaii Is Darn Strong Says Southwest Airlines Ceo
CEO Gary Kelly told investors on a call on Thursday that “Hawaii demand is actually pretty darn strong” but he also addressed the fact that Southwest Airlines made its first annual loss since 1972. “It was a big one and with non-GAAP losses coming in at $3.5 billion,” he said. GAAP is an acronym for Generally Accepted Accounting Principles that public companies in the U.S. must follow. Kelly told investors that the airline is “very well prepared” for the difficulties it faces and had been encouraged by recent executive orders by the Biden administration....