Southwest revises second-quarter unit revenue forecast-February 2024-www.financetom.com

Southwest revises second-quarter unit revenue forecast

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

Southwest revises second-quarter unit revenue forecast

Jun 26, 2024 3:55 AM

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

Wednesday revised its second-quarter forecast for revenue per

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

uneven travel demand.

The airline now expects current quarter RASM to be down

between 4% to 4.5%, compared with its previous estimate of a

fall of 1.5% to 3.5%.

Previous page： Stellantis appoints Joao Laranjo to CFO role Next page： Genmab to buy Dutch cancer drugmaker Merus for $8 billion

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 >

Stellantis appoints Joao Laranjo to CFO role

Sep 28, 2025

-Franco-Italian carmaker Stellantis ( STLA ) has appointed Joao Laranjo as chief financial officer, effective immediately, the company said on Monday. Brazilian national Laranjo succeeds Doug Ostermann, who resigned for personal reasons, it said. Having worked closely with Joao for 15 years and witnessed his rise through the ranks, I have consistently been impressed by his excellent financial acumen, results-driven...

Genmab to buy Dutch cancer drugmaker Merus for $8 billion

Sep 28, 2025

* Genmab ( GMAB ) to pay $97 per Merus share, a 41% premium * Transaction recommended by both boards * Biotech Merus develops head-and-neck cancer drug * Genmab ( GMAB ) eyes growth well into the next decade (Adds CEO quotes, share price, timing of potential drug launch in paragraphs 2, 3-5) OSLO, Sept 29 (Reuters) - Denmark's Genmab...

Analysis-China's new K visa beckons foreign tech talent as US hikes H-1B fee

Sep 28, 2025

BEIJING (Reuters) -China's new visa programme aimed at attracting foreign tech talent kicks off this week, a move seen boosting Beijing's fortunes in its geopolitical rivalry with Washington as a new U.S. visa policy prompts would-be applicants to scramble for alternatives. While China has no shortage of skilled local engineers, the programme is part of an effort by Beijing to...

TotalEnergies to sell 50% of North American solar portfolio in $950 million deal

Sep 28, 2025

(Reuters) -TotalEnergies will sell 50% of a solar portfolio in North America to investment firm KKR, the energy major said on Monday, adding it will receive $950 million from the sale and bank refinancing. The sale includes six utility-scale solar assets and 41 distributed generation assets, mostly in the United States, TotalEnergies said in a statement. The company said that...