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 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 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' Profit Tops Estimate
Prominent U.S. airline Southwest Airlines ( LUV -1.23%) reported mixed fourth-quarter earnings on Thursday, Jan. 30. Adjusted EPS of $0.56 surpassed analyst consensus expectations of $0.46, showing a robust 21.7% outperformance. Operating revenue of $6.93 billion slightly missed the forecasted $6.96 billion.
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’ Q4 Profit Beats Estimates as Travel Demand and Higher Fares Drive Growth
Southwest Airlines’ fourth-quarter profit exceeded Wall Street expectations, driven by strong travel demand and higher fares. The airline expects first-quarter unit revenue to exceed projections, indicating strong pricing power.
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 ...
Delta, Southwest & Spirit Airlines Will Launch New Flights To Memphis This Spring
The largest city in Tennessee is set to welcome flights to Austin, Nashville, New Orleans, and Fort Lauderdale over the next ...
Southwest Airlines (LUV) Q4 2024 Earnings Call Transcript
Southwest Airlines (NYSE: LUV) Q4 2024 Earnings Call Jan 30, 2025, 12:30 p.m. ET ...
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 ...
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.
Reagan Airport Had a Number of Close Calls in Recent Years
Internal government reports and public databases highlight several instances in which planes narrowly escaped collisions with ...
Southwest Airlines: Mixed Q4 Results and Cost Pressures Justify Hold Rating Amid Capital Expenditure Concerns
Bernstein analyst David Vernon has maintained their neutral stance on LUV stock, giving a Hold rating on January 17.Invest with Confidence: ...
Southwest Airlines to shift pilots out of Denver, Atlanta
Dallas-based Southwest Airlines is shifting about 270 pilots from key bases in Denver and Atlanta while bulking up its ...