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American Airlines and two smaller carriers gave more proof Thursday of the recovery in air travel, posting better-than-expected profit for the fourth quarter, while Southwest Airlines lost money ...
American Airlines posted better-than-expected fourth-quarter profit, while Southwest Airlines lost money because of massive ... during the holiday season appears to be having a lingering impact.
Southwest expects capacity to be down 4.5% for the full year from 2019, compared to a prior estimate of 4%, primarily due to flight cancellations from the impact of the hurricane.
Unfortunately, things have already changed for many frequent Southwest customers. The airline recently announced that it will ...
Several major airlines in the United States reduced their first-quarter financial forecasts on Tuesday, causing concerns amongst investors about the possible impact of a slowing economy on travel ...
Dallas-based Southwest said third-quarter profit, excluding special items, works out to 15 cents per share, which beat a forecast of six cents per share among analysts surveyed by FactSet.
Southwest's second-quarter adjusted profit came in at 58 cents per share, compared with analysts' average estimate of 51 cents per share, according to LSEG data.
Southwest, based in Dallas, said its second-quarter profit fell 46% from a year earlier, to $367 million, as higher costs for labor, fuel and other expenses outstripped an increase in revenue. The ...
American Airlines and two smaller carriers gave more proof Thursday of the recovery in air travel, posting better-than-expected profit for the fourth quarter, while Southwest Airlines lost money ...