Southwest sees Q1 RASM up 5%-7%

Sees Q1 ASMs down 2%-3%. Sees Q1 economic fuel costs per gallon $2.50-$2.60. Sees Q1 ASMs per gallon 81-83. The company said, “As we look forward, 2025 will be a pivotal year as we continue to execute and deliver on our ‘Southwest (LUV). Even Better.’ transformational plan, the largest and most comprehensive in our 53-year history. To that end, we recently reached an amended co-brand agreement with Chase that provides enhanced Cardmember benefits associated with our assigned and premium seating initiative and supports the multi-year financial targets we announced at Investor Day. We will continue moving forward with urgency to drive financial improvements while maintaining a safe, reliable, and efficient operation; delivering unrivaled Hospitality; modernizing our Customer Experience; and providing enhanced Shareholder returns.”