Southwest CEO Gary Kelly: 2021 ‘is going to be a recovery year’

Southwest CEO Gary Kelly: 2021 ‘is going to be a recovery year’

Southwest lost $1.29 per share for the fourth quarter, smaller than the loss of $1.68 per share anticipated by Wall Street. Revenue came in below estimates. Its 2020 loss of $3.1 billion represented its first annual loss since 1972. Southwest shares rose 2.4% in the premarket. Southwest CEO Gary Kelly joins “Squawk on the Street” to discuss the results as well as the company’s outlook during the pandemic.

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