Southwest hopes to rebound from winter fiasco with new low-cost deals

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Southwest hopes to rebound from winter fiasco with new low-cost deals
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The 'Fall Fares are Falling' promotional deal that offers low-priced tickets for flights between Aug. 10 and Dec. 14.

Dallas, Texas to Memphis, Tennessee for $79Los Angeles, California to Tucson, Arizona for $59Palm Springs, California to San Jose, California for $59After thousands of flights were cancelled by Southwest, and passengers were left scrambling to find new ways to get to their destinations, LiveNOW talks about how the airline handled the week-long travel nightmare.A severe winter storm just before Christmas affected all airlines, butthan the others to recover.

Southwest said in a filing that it continues to expect to report a loss for the first quarter, with lingering fallout from the December crisis cutting revenue by up to $350 million. That is on top of an $800 million drop in fourth-quarter pretax income that Southwest attributed to the meltdown, which is being investigated by federal officials.

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