The Latest Breaking News from Southwest

Southwest Airlines Co. canceled almost two-thirds of its flights Tuesday, remaining hobbled by a massive winter storm that most major rivals were able to recover from with greater ease.

Southwest Airlines had to cancel almost 3,000 flights on Monday alone.

Southwest Airlines Co led US airline cancellations on Tuesday as the low-cost carrier struggled to recover from harsh winter weather that has wrecked holiday plans for many. Shares of the Dallas-based airline were down 5.3% at $34.19 in morning trade, after it canceled 2,523 flights for Tuesday as of 9.42…

Stocks dip slightly on lower home prices. China retail stocks gain as the country reopens its borders.

The airline expects a tough week ahead for travelers.

Southwest Airlines apologized to customers Monday after canceling more than 2,700 flights nationwide — more than two-thirds of its schedule — as it tries to recover from an operational meltdown stretching back to an arctic storm on Thursday.

Southwest Airlines Co. expects the flight chaos caused by the massive winter storm that battered the U.S. to continue for at least another few days as the government questioned whether the airline is complying with its customer service plan.

The Transportation Department announced that it will investigate Southwest Airlines' onslaught of cancellations Monday and Tuesday.

Airline cancels more than two-thirds of scheduled flights over Christmas break amid a devastating winter storm.