The airline said it cut its “core” cash-burn rate to $6 million a day in April and now expects to lose between $1 million and $3 million a day in the April-through-June quarter. That is $1 million better than a previous forecast. It expects to reach break-even in June, excluding debt service, capital spending and some other costs.
Southwest says June flights expected to be 85% full and fares are rising
