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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  • Southwest Airlines has withdrawn its financial forecast for 2025 and 2026 due to uncertainty caused by President Donald Trump's trade war.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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Bloomberg broke the news in United States on Wednesday, April 23, 2025.
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