Southwest Airlines Co. warned that costs will climb faster than expected as it grapples with heavy labor expenses, undercutting gains from strong demand for leisure travel.Non-fuel unit costs will rise as much as 9% in the first quarter after an 11% jump in the final months of last year,

Southwest Airlines said Thursday that it faces higher costs in 2025 as inflation persists, but it managed to swing to a fourth-quarter profit due to a boost from lower fuel prices.

Airline executives have pushed the government to modernize air traffic control and alleviate congestion in some of the busiest air corridors in the U.S.

The airline also forecast better-than-expected unit revenue (RASM), a proxy for pricing power, for the first quarter. Airlines across the U.S. have cut seating to boost fares after a surplus capacity, introduced last summer in anticipation of a demand surge, forced airlines to offer discounts and sacrifice margins.

Southwest Airlines Chief Executive Bob Jordan opened the company’s fourth-quarter earnings call Thursday by offering his condolences to those affected by the collision Wednesday night. “Our hearts go out to all those loved ones who are among the passengers and the crew,

Southwest Airlines Co. may be at risk of a comment letter from the Securities and Exchange Commission after including adjusted revenue in its fourth-quarter earnings report published early Thursday.

A downbeat outlook tarnished an otherwise strong quarter for Southwest, which topped profit estimates on robust holiday travel.

The class action lawsuit, filed on behalf of 60,000 plan participants, alleges the airline failed to replace a “chronically underperforming” large-cap fund holding over $2 billion in retirement plan assets for 15 years – and “still continues to this day.

Despite pressure to cut costs and an activist investor campaign, Southwest reported a healthy profit for the fourth quarter.

Prominent U.S. airline Southwest Airlines (NYSE:LUV) reported mixed fourth-quarter earnings on Thursday, Jan. 30. Adjusted EPS of $0.56 surpassed analyst consensus expectations of $0.46, showing a robust 21.7% outperformance. Operating revenue of $6.93 billion slightly missed the forecasted $6.96 billion.

Southwest Airlines (LUV) stock is down today despite the air travel company beating Q4 2024 profit estimates. The company’s earnings per share

Last year, senators from Virginia and Maryland sounded the alarm over congestion in the skis above Washington.