Southwest Airlines Reports Record Revenue Of $27.6 Billion In 2024
The airline ended Q4 2024 and full-year with net income of $261 million and $465 million, respectively. Its revenues were $6.9 billion in Q4 2024 and $27.5 billion in 2024, with liquidity of $9.7 billion being well in excess of its debt of $6.7 billion.
Southwest Airlines makes a harsh cost-cutting move
In the midst of the airline’s financial woes, the company just revealed that it will be making some major changes in an effort to cut costs. According to a new report from CNBC, Southwest Airlines is putting a freeze on corporate hiring and promotions.
Southwest Airlines said Thursday that it faces higher costs in 2025 as inflation persists, but it managed to swing to a ...
Southwest Airlines Co. warned that costs will climb faster than expected as it grapples with heavy labor expenses, ...
The airline also forecast better-than-expected unit revenue (RASM), a proxy for pricing power, for the first quarter.
3hon MSN
The number of people onboard and any fatalities is unknown at this time. The plane can carry up to 65 passengers and four ...
A downbeat outlook tarnished an otherwise strong quarter for Southwest, which topped profit estimates on robust holiday travel.
The Wall Street Journal on MSN8h
Southwest Airlines 4Q Revenue Higher on Holiday Activity, Strong Travel Demand Seen ContinuingSouthwest's results echo sentiments laid out by Delta Air Lines, which reported quarterly results earlier in the month. Delta said demand accelerated throughout the fourth quarter, with a handful of ...
Southwest Airlines (LUV) stock is down today despite the air travel company beating Q4 2024 profit estimates. The company’s earnings per share ...
Figure skaters and coaches returning from the national championships were aboard the American Airlines flight that collided ...
Southwest Airlines Co. may be at risk of a comment letter from the Securities and Exchange Commission after including ...
Below are the earnings highlights for Southwest Airlines Inc. (LUV): Earnings: $261 million in Q4 vs. -$252 million in the same ...
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