Southwest Airlines reports record revenue, warns of more cost-cutting
Southwest is optimistic about achieving ambitious goals in 2025 but "a lot depends on Boeing," CEO Bob Jordan says.
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 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' 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 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 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 (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 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, ...
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Southwest Airlines Revenue Higher on Holiday Activity
Southwest Airlines posted a profit in the fourth quarter as bookings during the holidays were better than expected.
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: ...
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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.