Southwest Airlines raises fourth-quarter unit revenue forecast-March 2024-www.financetom.com

Southwest Airlines raises fourth-quarter unit revenue forecast

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Southwest Airlines raises fourth-quarter unit revenue forecast

Dec 5, 2024 4:13 AM

Dec 5 (Reuters) - Southwest Airlines ( LUV ) on Thursday

raised its forecast for fourth-quarter revenue per available

seat miles, benefiting from improved pricing and a rebound in

domestic travel demand.

The carrier now expects its fourth-quarter RASM, a proxy for

pricing power, to be up between 5.5% and 7%, compared with its

prior expectation of between 3.5% and 5.5%.

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