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 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 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
Prominent U.S. airline Southwest Airlines (NYSE:LUV) 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 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 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 (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.
Deadly American Airlines-helicopter collision highlights concerns with crowded U.S. airspace
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Southwest CEO Offers Condolences During Investor Call
Southwest Airlines Chief Executive Bob Jordan opened the company’s fourth-quarter earnings call Thursday by offering his ...
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Southwest Airlines sued by plan participants over ‘disastrous’ performance of its 401(k) funds
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Southwest Posts Profit Fueled by Strong Holiday Bookings
Despite pressure to cut costs and an activist investor campaign, Southwest reported a healthy profit for the fourth quarter.
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 ...
D.C. Plane Crash Puts Spotlight on History of ‘Near Misses’ in the U.S.
The fatal D.C. plane crash has renewed focus on the recent history of crashes and near misses in U.S. airspace.
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The 1978 plane crash played a pivotal role in developing new technology that helps today's pilots flying for commercial airlines avoid crashes.
Stock market today: Meta and Tesla lead most of Wall Street higher
Meta Platforms, Tesla and most other U.S. stocks are rising Thursday following a rush of profit reports from some of the ...