Southwest Airlines on Wednesday cut its forecast for first-quarter capacity, citing the grounding of the Boeing 737 Max and other issues.
on Wednesday cut its forecast for first-quarter capacity, citing the grounding of the Boeing 737 Max aircraft and other factors, sending shares down as much as 2.6% ahead of the opening bell.
The airline said it expected first-quarter 2019 available seat miles to grow about 1% annually, compared with a previous forecast of 3.5% to 4% growth.
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