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Southwest sees slower cash burn as bookings improve in February

Feb 16 (Reuters) - Southwest Airlines said on Tuesday it expects cash burn in the first quarter to slow as bookings improve in February.

The airline now expects its average core cash burn to be about $15 million a day in the first quarter, compared with $17 million it had estimated previously. (Reporting by Rachit Vats in Bengaluru; Editing by Arun Koyyur)

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