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 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 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 ...
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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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 ...
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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 ...
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.
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 CEO Bob Jordan on Q4 results, D.C. plane crash and Boeing deliveries
CNBC’s Phil LeBeau and Southwest Airlines CEO Bob Jordan join 'Squawk on the Street' to discuss the company's quarterly ...
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 ...