After having 100 of its Boeing 737 MAX commercial jets grounded for over a year, Southwest Airlines

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Question:

After having 100 of its Boeing 737 MAX commercial jets grounded for over a year, Southwest Airlines just had them approved by the FAA for immediate use in operations. At the same time, extreme weather in Texas, Nevada, Arizona and California is expected to cause a 10% drop in vacation traffic to those states. Using the model of supply and demand, what impact will these two events have on the prices and quantity of commercial air travel to the Southwest part of the US? Feel free to use the graph below in your answer.