Southwest (LUV) Incurs Narrower Than Expected Loss in Q3 Posted byZacks Equity Research October 21, 2021 Leave a comment on Southwest (LUV) Incurs Narrower Than Expected Loss in Q3 Southwest’s (LUV) Q3 results reflect a significant year-over-year improvement owing to uptick in air-travel demand. However, its performance is partly hurt by Delta-variant-led softness in bookings.