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

Southwest revises second-quarter unit revenue forecast

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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%.

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