Southwest Reports ‘Resilient Travel Demand’ as it Boosts Revenue Guidance
Skift Take
Southwest executives will be hoping that these improved financials take some of the heat off a company that has faced intense scrutiny in recent months.
After a rocky 2024 dominated by a new activist investor, Southwest Airlines appears to be ending the year in better than expected shape. On Thursday, the low-cost carrier boosted its guidance for the current quarter.
In a regulatory filing, it cited “resilient travel demand” coupled with internal efficiency measures as key factors. The Texas-based operator now expects unit revenues to rise somewhere between 5.5% and 7% in the fourth quarter. This i