Southwest posts net loss, sees softness ahead (Reuters)

Passengers wait at the Southwest Airlines ticket counter at Midway Airport in Chicago, Illinois in this July 24, 2008 file photo. The U.S. No.1 low-cost carrier on Thursday reported a quarterly net loss due to one-time charges related to its fuel-hedging program, and said it was seeing softness in bookings for this year as the recession eats away at demand for flights. (Jeff Haynes/Reuters)Reuters – Southwest Airlines on Thursday reported a quarterly net loss due to one-time charges related to its fuel-hedging program, and said it was seeing softness in bookings for this year as the recession eats away at demand for flights.

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