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' 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 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 beats profit expectations, missed on revenue
Southwest Airlines (LVU) put in a solid performance in the fourth quarter and forecast above-consensus revenue per available seat mile for the current quarter as the carrier absorbed surplus capacity across the industry with greater aircraft efficiency and higher airfares.
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 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 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.
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 ...
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Southwest Airlines 4Q Revenue Higher on Holiday Activity, Strong Travel Demand Seen Continuing
Southwest's results echo sentiments laid out by Delta Air Lines, which reported quarterly results earlier in the month. Delta said demand accelerated throughout the fourth quarter, with a handful of ...
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 Airlines hit with ERISA class action over alleged 401(k) fund mismanagement
The lawsuit filed in Texas says the carrier's failure to remove an underperforming fund option, which holds over $2 billion in assets, has cost plan members millions.
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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 ...
Southwest Airlines Inc. Q4 Earnings Summary
Below are the earnings highlights for Southwest Airlines Inc. (LUV): Earnings: $261 million in Q4 vs. -$252 million in the same ...