Southwest Airlines Co. warned that costs will climb faster than expected as it grapples with heavy labor expenses, undercutting gains from strong demand for leisure travel.Non-fuel unit costs will rise as much as 9% in the first quarter after an 11% jump in the final months of last year,

Southwest Airlines Chief Executive Bob Jordan opened the company’s fourth-quarter earnings call Thursday by offering his condolences to those affected by the collision Wednesday night. “Our hearts go out to all those loved ones who are among the passengers and the crew,

Southwest Airlines said Thursday that it faces higher costs in 2025 as inflation persists, but it managed to swing to a fourth-quarter profit due to a boost from lower fuel prices.

The airline also forecast better-than-expected unit revenue (RASM), a proxy for pricing power, for the first quarter. Airlines across the U.S. have cut seating to boost fares after a surplus capacity, introduced last summer in anticipation of a demand surge, forced airlines to offer discounts and sacrifice margins.

Prominent U.S. airline Southwest Airlines (NYSE:LUV) reported mixed fourth-quarter earnings on Thursday, Jan. 30. Adjusted EPS of $0.56 surpassed analyst consensus expectations of $0.46, showing a robust 21.7% outperformance. Operating revenue of $6.93 billion slightly missed the forecasted $6.96 billion.

A downbeat outlook tarnished an otherwise strong quarter for Southwest, which topped profit estimates on robust holiday travel.

Despite pressure to cut costs and an activist investor campaign, Southwest reported a healthy profit for the fourth quarter.

Southwest (LUV) executives stated on the company’s earnings call: “We are taking immediate actions to accelerate as much of the $500M of

The class action lawsuit, filed on behalf of 60,000 plan participants, alleges the airline failed to replace a “chronically underperforming” large-cap fund holding over $2 billion in retirement plan assets for 15 years – and “still continues to this day.

CNBC’s Phil LeBeau and Southwest Airlines CEO Bob Jordan join 'Squawk on the Street' to discuss the company's quarterly earnings results, his thoughts on the midair collision between an American Airlines regional jet and a Black Hawk military helicopter,

Southwest Airlines reports strong Q4 performance with record revenue but misses revenue expectations, plans $750M share repurchase program for Q1.

Wall Street are pointing mostly higher in premarket trading while more corporate earnings poured in a day after the Federal Reserve opted to leave its benchmark lending rate alone