Southwest Airlines ( (LUV) ) has shared an announcement.
On March 11, 2025, Southwest Airlines updated its financial guidance for the first quarter of 2025 at the J.P. Morgan Industrials Conference. The company now expects a smaller increase in operating revenue per available seat mile (RASM) and a slight decrease in capacity compared to previous estimates. This revision is attributed to factors such as higher-than-expected completion rates, reduced government travel, and impacts from California wildfires. Additionally, Southwest anticipates a lower increase in operating expenses per available seat mile (CASM-X) due to increased capacity and lower-than-expected costs in salaries, maintenance, and other areas. The company continues to focus on driving efficiencies to counter inflationary pressures.
More about Southwest Airlines
Southwest Airlines Co. operates in the airline industry, providing air transportation services. It is known for its low-cost carrier model and focuses on efficient operations and customer service to maintain a competitive edge in the market.
YTD Price Performance: -15.55%
Average Trading Volume: 8,382,606
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $16.7B
See more data about LUV stock on TipRanks’ Stock Analysis page.