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 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 4Q Revenue Higher on Holiday Activity, Strong Travel Demand Seen Continuing
Southwest Airlines posted a profit in the fourth quarter as bookings during the holidays were better than expected on the back of travel demand that remained strong and is expected to remain so. The carrier logged net income of $261 million,
Southwest Airlines' Profit Tops Estimate
Southwest Airlines exceeded earnings expectations for Q4 2024, but ongoing cost pressures remain a concern. The quarter was highlighted by record revenue, though persistent cost challenges, particularly from labor and fuel,
Southwest Air’s Quarterly Profit Rises on Strong Holiday Travel
Southwest Airlines Co. reported a quarterly profit higher than analysts expected as leisure travel over the winter holidays and ticket prices both rose in the final three months of 2024.
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 CEO on American Airlines crash in DC: 'Our hearts go out'
Southwest's CEO Bob Jordan said "our hearts go out" to people on the American Airlines flight involved in Wednesday night’s ...
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 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 ...
The American Airlines crash occurred in some of the country's most congested and highly controlled airspace
American Eagle flight 5342 collided with a Black Hawk helicopter over the Potomac River, home to some of the country's most restricted airspace.
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Many feared dead after American Airlines regional jet, Army helicopter collide near DC airport
Figure skaters and coaches returning from the national championships were aboard the American Airlines flight that collided ...
PSA Airlines involved in deadly DC plane crash has deep roots in aviation history
The American Airlines’ subsidiary has ties that go back decades in Ohio, and just said it was moving its headquarters to ...
LUV Earnings: Southwest Airlines Stock Slips on Mixed Q4 Results
Southwest Airlines (LUV) stock is down today despite the air travel company beating Q4 2024 profit estimates. The company’s earnings per share ...
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Southwest postpones start date for installing extra-legroom seats
Extra-legroom seats in light blue, standard seats in deep blue. Photo Credit: Robert Silk Southwest Airlines won't begin ...