07:45 AM EST, 12/05/2024 (MT Newswires) -- Southwest Airlines ( LUV ) said in a regulatory filing Thursday that it increased its Q4 unit revenue growth forecast to a range of 5.5% to 7% from the previous range of 3.5% to 5.5%, citing better-than-expected leisure travel demand and revenue optimization efforts.

The carrier said it now expects Q4 capacity to decline 4% year-over-year, compared with its previous outlook for no change.

Southwest ( LUV ) said it "expects strong revenue trends and tactical initiative performance to carry into 2025."