Southwest Airlines raises third-quarter revenue forecast-April 2024-www.financetom.com

Southwest Airlines raises third-quarter revenue forecast

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Southwest Airlines raises third-quarter revenue forecast

Oct 3, 2024 1:40 AM

Sept 26 (Reuters) - Southwest Airlines ( LUV ) on

Thursday raised its third-quarter forecast for revenue per

available seat miles (RASM), a proxy for pricing power.

The carrier expects RASM to be up between 2% and 3% for the

period, compared with its prior range of flat to down 2%.

Previous page： VitalHub Signs Deal to Help Lumenus Community Services Standardize Processes, Improve Data Management Next page： Tencent Music Entertainment Unit Acquiring 10% Stake in Thai GMM Music

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

VitalHub Signs Deal to Help Lumenus Community Services Standardize Processes, Improve Data Management

Jun 3, 2024

08:11 AM EDT, 06/03/2024 (MT Newswires) -- VitalHub Corp. ( VHIBF ) , a provider of healthcare technology solutions, on Monday said it has sealed a partnership with Lumenus Community Services, a Toronto-based organization providing support services for individuals and families. VitalHub ( VHIBF ) will help Lumenus standardize processes and improve data management, client tracking, and outcome reporting across...

Tencent Music Entertainment Unit Acquiring 10% Stake in Thai GMM Music

Jun 3, 2024

08:08 AM EDT, 06/03/2024 (MT Newswires) -- Tencent Music Entertainment Group's ( TME ) Black Serenade subsidiary is acquiring 80 million shares, equivalent to 10%, of GMM Music in a $70 million deal to be paid in cash and a 30% stake in Tencent Music's Joox Thailand unit, GMM Music announced Monday. In a disclosure Friday, GMM Grammy said its...

JetBlue forecasts improved second-quarter revenue on healthy travel demand

Jun 3, 2024

(Reuters) - JetBlue Airways ( JBLU ) on Monday forecast a smaller drop in second-quarter revenue than it had previously forecast due to healthy travel demand, sending its shares up 2.3% in premarket trading. Major U.S. carriers expect record passenger numbers for the summer season but uneven demand on certain routes has led to overcapacity and is hurting pricing power...

Spotify Ups Prices for Premium Products in United States

Jun 3, 2024

08:09 AM EDT, 06/03/2024 (MT Newswires) -- Spotify Technology S.A ( SPOT ) said Monday it is increasing prices for its premium plans in the United States, starting in July. Spotify Premium individual subscription price was increased to $11.99 per month from $10.99. The price of Duo and Family plans will increase by $2 and $3 respectively to $16.99 and...