Southwest Airlines stock gains after updating guidance, following ‘strong’ travel demand over the Memorial Day weekend

United States News News

Southwest Airlines stock gains after updating guidance, following ‘strong’ travel demand over the Memorial Day weekend
United States Latest News,United States Headlines
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Shares of Southwest Airlines Co. edged up 0.4% toward a 4-week high in premarket trading Thursday, after the air carrier updated its second-quarter estimates...

Shares of Southwest Airlines Co. LUV edged up 0.4% toward a 4-week high in premarket trading Thursday, after the air carrier updated its second-quarter estimates in the wake of “strong” travel demand during the Memorial Day weekend. The company’s estimate for the year-over-year change in revenue per available seat miles improved to a decline of 8% to 10% from a decline of 8% to 11%.

The company’s estimate for the year-over-year change in revenue per available seat miles improved to a decline of 8% to 10% from a decline of 8% to 11%. The outlook for capacity was unchanged at up approximately 14%, while the outlook for economic fuel costs per gallon was revised higher to approximately $2.55 from $2.45 to $2.55.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

American, Southwest glided through Memorial Day weekend with challenging summer aheadAmerican, Southwest glided through Memorial Day weekend with challenging summer aheadIf Memorial Day weekend was a test for the strained airline industry heading into the summer, it passed with high marks — much to the pleasure of travelers.
Read more »

Fossils of giant deep-sea predator Himalayasaurus unearthed in southwest ChinaFossils of giant deep-sea predator Himalayasaurus unearthed in southwest ChinaChinese scientists discover Himalayasaurus fossils in Tibet at 4,000m altitude, contributing to understanding prehistoric life on the Qinghai-Tibet Plateau.
Read more »

Remembering the victims of the Southwest Inn fireRemembering the victims of the Southwest Inn fireRemembering the victims of the Southwest Inn fire - See their faces and remember their lives - KPRC2 hounews HTX Texas
Read more »

Southwest Inn fire: Houstonians mark 10 years since deadly fire that killed 5 HFD firefightersSouthwest Inn fire: Houstonians mark 10 years since deadly fire that killed 5 HFD firefightersWednesday marks 10 years since the Southwest Inn fire, resulting in the death of five Houston firefighters.
Read more »

Season's first bird flu casualty found in Southwest AlaskaSeason's first bird flu casualty found in Southwest AlaskaA highly contagious strain of avian influenza has been detected in a migratory bird in Western Alaska. It’s the first reported birth flu death of the season in the state. The animal killed was a cackling goose.
Read more »

‘Manhattanhenge’ Draws Crowds In New York City On Memorial Day - Videos from The Weather Channel‘Manhattanhenge’ Draws Crowds In New York City On Memorial Day - Videos from The Weather Channel“Manhattanhenge” is an annual tradition in New York City. The sun aligns perfectly with buildings on the cross streets as it sets to the West. It happens again in mid-July this year. - Videos from The Weather Channel | weather.com
Read more »



Render Time: 2025-02-23 22:26:06