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.Non-fuel unit costs will rise as much as 9% in the first quarter after an 11% jump in the final months of last year,
Southwest Airlines expects slower pace of cost increases in 2025
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 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 its highest revenue days in history taking place in November and December. The company also expects travel demand to remain strong this year.
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 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.
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, ...
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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 ...
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 pilot arrested, allegedly intoxicated, at Georgia airport ahead of flight
Southwest Airlines confirmed the pilot had been removed from duty and apologized to customers whose travel plans were ...
Southwest: Q4 Earnings Snapshot
DALLAS (AP) — DALLAS (AP) — Southwest Airlines Co. (LUV) on Thursday reported fourth-quarter profit of $261 million. On a per-share basis, the Dallas-based company said it had net income of 42 cents.
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 ...
American Airlines crash in Washington, D.C., may be carrier’s worst disaster in two decades
Wednesday night’s crash of an American Airlines commuter plane in Washington could be one of the worst disasters for the Fort ...
Southwest risks regulatory scrutiny after including adjusted revenue with quarterly numbers
Southwest Airlines Co. may be at risk of a comment letter from the Securities and Exchange Commission after including ...