Southwest Airlines to cut flights this year amid 'macroeconomic uncertainty'
- Southwest Airlines has withdrawn its financial forecast for 2025 and 2026 due to uncertainty caused by President Donald Trump's trade war.
- Southwest reported an adjusted loss of 13 cents per share in the first quarter, which was better than the expected loss of 18 cents per share, according to LSEG data.
- The airline indicated that it cannot reaffirm its prior expectation of $1.7 billion in earnings before interest and taxes for 2025 and approximately $3.8 billion for 2026.
- Weakening travel demand has affected Southwest, with a forecasted unit revenue decline of up to 4% this quarter compared to a year ago.
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16 Articles
Southwest Airlines to cut flights this year amid 'macroeconomic uncertainty'
The airline cited macroeconomic uncertainty as the reasoning for the scaleback “given recent and short-lived booking trends.” Read this story for more details on the Dallas-based carrier's Q1 earnings.
Southwest Airlines joins rivals Delta, United in cutting flights, scrapping forecasts
Southwest Airlines became the latest US carrier on Wednesday to withdraw its financial forecast as President Trump's trade war has created the biggest uncertainty for the industry since the COVID-19 pandemic.
Southwest Airlines pulls its profit forecast for 2025 and 2026
By Rajesh Kumar Singh CHICAGO (Reuters) -Southwest Airlines pulled its profit outlook for 2025 and 2026 on Wednesday, citing the current macroeconomic uncertainty. The Texas-based airline’s shares were down about 4% in after-hours trading. Southwest had previously forecast $1.7 billion in earnings before interest and taxes this year and about $3.8 billion for next year. “Amid the current macroeconomic uncertainty, it is difficult to forecast giv…
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