Southwest Airlines plans to reduce capacity, but beats earnings expectations

From CNBC: 2025-04-23 16:41:00

Southwest Airlines announced plans to reduce capacity in second half of 2025 due to weaker domestic bookings. Unit revenue expected to be flat to down 4% in second quarter. First-quarter earnings and revenue beat analysts’ expectations. Loss per share 13 cents adjusted, revenue $6.43 billion. Positive results seen from recent initiatives.



Read more at CNBC:: Southwest Airlines (LUV) earnings Q1 2025