Southwest Airlines expects slower pace of cost increases, but inflation persists
Southwest Airlines said Thursday that it faces higher costs in 2025 as inflation persists, but it managed to swing to a fourth-quarter profit due to a boost from lower fuel prices.
Southwest Airlines Profit Exceeds Expectations on Improved Pricing Power
The airline also forecast better-than-expected unit revenue (RASM), a proxy for pricing power, for the first quarter. Airlines across the U.S. have cut seating to boost fares after a surplus capacity, introduced last summer in anticipation of a demand surge, forced airlines to offer discounts and sacrifice margins.
Southwest Airlines gets revenue boost on leisure travel, but labor costs weigh on outlook
A downbeat outlook tarnished an otherwise strong quarter for Southwest, which topped profit estimates on robust holiday travel.
Southwest Airlines beats profit expectations, missed on revenue
Southwest Airlines reports strong Q4 performance with record revenue but misses revenue expectations, plans $750M share repurchase program for Q1.
Southwest Airlines Costs Set to Climb, Muting Strong Demand
Southwest Airlines Co. warned that costs will climb faster than expected as it grapples with heavy labor expenses, undercutting gains from strong demand for leisure travel.
Southwest Airlines swings to a profit as fuel costs drop
Southwest Airlines said Thursday it swung to a fourth-quarter profit of 42 cents a share from a year-ago loss of 42 cents a share, as overall expenses fell on lower fuel costs. Southwest’s stock fell 2.
Southwest Airlines Posts Record Revenue. Why Investors Wanted More.
Southwest Airlines stock was falling on Thursday after the carrier’s fourth-quarter revenue and forward guidance both came in ...
Southwest Airlines targets $1.5B incremental EBIT in 2025 with new initiatives
Q4 2024 Management View CEO Bob Jordan highlighted 2024 as a transformative year, emphasizing the Southwest Even Better plan, ...
Southwest Airlines: Buy Rating Backed by Strong Earnings and Strategic Transformation
Analyst Ravi Shanker of Morgan Stanley maintained a Buy rating on Southwest Airlines (LUV – Research Report), retaining the price target of ...
Horrifying moment air traffic controller gasps as American Airlines plane crashes
So far, over 40 bodies have been pulled from the Potomac River near Washington DC, and the search remains ongoing.
Southwest Airlines CEO Bob Jordan on Q4 results, D.C. plane crash and Boeing deliveries
CNBC’s Phil LeBeau and Southwest Airlines CEO Bob Jordan join 'Squawk on the Street' to discuss the company's quarterly ...
No survivors after American Airlines flight collided with a military helicopter near Washington, DC
An American Airlines jet carrying 64 people collided Wednesday with a helicopter near Reagan Washington National Airport, ...