Southwest Airlines’ Q4 Profit Beats Estimates as Travel Demand and Higher Fares Drive Growth

Benzinga

Southwest Airlines’ fourth-quarter profit exceeded Wall Street expectations, driven by strong travel demand and higher fares. The airline expects first-quarter unit revenue to exceed projections, indicating strong pricing power. Southwest announced plans for vacation packages and aircraft sale-leasebacks to boost revenue and liquidity amid rising labor and maintenance costs. U.S. airlines reduced seating to raise fares after last summer’s surplus capacity led to discounts and lower margins.

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00:00It's Benzinga bringing Wall Street to Main Street. Southwest Airlines' fourth quarter profit

00:04exceeded Wall Street's expectation, driven by a strong travel demand and higher fares.

00:09The airline expects first quarter unit revenue to exceed projections, indicating strong pricing

00:14power. Southwest announced plans for vacation packages and aircraft sale leasebacks to boost

00:20revenue and liquidity amid rising labor and maintenance costs. U.S. Airlines reduced seating

00:26to raise fares after last summer's surplus capacity led to discounts and lower margins.

00:31For all things money, visit Benzinga.com slash GSTV.

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