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Southwest Airlines Co. plunged after the carrier said it expects economic turmoil to wipe out as much as $1 billion of its ...
Wall Street investors punished Southwest for chopping its 2025 profit outlook by up to 65%, as the carrier’s executives implement changes driven by its activist investor.
Big Names Fall Off the Cliff. Southwest Airlines Co. (NYSE:LUV) is one of the worst-performing stocks on Thursday. Southwest ...
Delta Air Lines' strong earnings and projected growth provided an early boom for the airline industry as the rest of the ...
American Airlines shares are falling in intraday trading Thursday after the carrier's restored earnings projection for 2025 ...
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TravelPulse on MSNEconomic Uncertainty Impacting Revenue Projections for US Airlines
U.S. airlines are projected to see only a 1% increase in passenger revenue by 2025 due to economic uncertainty and declining ...
Southwest also said it expects higher fuel costs of $2.70 to $2.80 vs its prior estimate of no change. Additionally, it raised its Q2 outlook for operating expenses per available seat mile ...
Shares of United Airlines (UAL) and American Airlines (AAL) rose 14.3% and 12.7%, respectively, on Thursday following Delta's announcement. Alaska Air (ALK) stock rose 9% and Southwest Airlines ...
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