Photo: Gary Hershorn/Getty Images

Southwest Airlines said Wednesday that the 35-day partial government shutdown cost it $60 million in revenue, more than 4 times the $10 million to $15 million it had originally forecasted last month, CNBC reports.

The big picture: Southwest said government workers and contractors were not traveling across the country as often by plane during the shutdown. The airline also saw a long-awaited Hawaii route delayed as government approvals were stalled.

  • Delta Air Lines CEO Ed Bastian told CNBC last month that it lost $25 million in revenue from the shutdown.
  • United Airlines CEO Oscar Munoz also told CNBC a day after Bastian's comments that his airline had not yet seen "significant" impact from the shutdown but remained worried about continued effects.

Details: Though the hit is relatively small compared to its overall revenue — Southwest took in $5.7 billion in 2018's fourth quarter — the airline still saw its stock drop 6% on the news, and Goldman Sachs downgraded it from "neutral" to "sell."

Go deeper: All the ways Americans are feeling the effects of the shutdown

Go deeper

Updated 4 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 10 p.m. ET: 32,471,119 — Total deaths: 987,593 — Total recoveries: 22,374,557Map.
  2. U.S.: Total confirmed cases as of 10 p.m. ET: 7,032,524 — Total deaths: 203,657 — Total recoveries: 2,727,335 — Total tests: 99,483,712Map.
  3. States: "We’re not closing anything going forward": Florida fully lifts COVID restaurant restrictions — Virginia Gov. Ralph Northam tests positive for coronavirus.
  4. Health: Young people accounted for 20% of cases this summer.
  5. Business: Coronavirus has made airports happier places The expiration of Pandemic Unemployment Assistance looms.
  6. Education: Where bringing students back to school is most risky.
Mike Allen, author of AM
7 hours ago - Politics & Policy

Biden pushes unity message in new TV wave

A fresh Joe Biden ad, "New Start," signals an effort by his campaign to make unity a central theme, underscoring a new passage in his stump speech that says he won't be a president just for Democrats but for all Americans.

What he's saying: The ad — which began Friday night, and is a follow-up to "Fresh Start" — draws from a Biden speech earlier in the week in Manitowoc, Wisconsin:

Trump prepares to announce Amy Coney Barrett as Supreme Court replacement

Judge Amy Coney Barrett. Photo: Matt Cashore/Notre Dame University via Reuters

President Trump is preparing to nominate federal appeals court Judge Amy Coney Barrett of Indiana, a favorite of both the social conservative base and Republican elected officials, to succeed Justice Ruth Bader Ginsburg, Republican sources tell Axios.

Why it matters: Barrett would push the already conservative court further and harder to the right, for decades to come, on the most important issues in American politics — from abortion to the limits of presidential power. If confirmed, she would give conservatives a 6-3 majority on the high court.