Southwest Airlines Reports Growth in Q1 2024 Earnings with $6.3 Billion in Revenues
Thursday, 25 April 2024, 11:09
Southwest Airlines LUV Q1 2024 Earnings: Highlights
- Total operating revenues surged by 10.9% year-over-year to $6.3 billion.
- Net loss amounted to $231 million, or $0.39 per share, in contrast to $159 million, or $0.27 per share, in the previous year.
- Adjusted loss stood at $0.36 per share.
For Q2 2024, Southwest projects unit revenue to decrease by 1.5-3.5% while capacity is set to rise by 8-9% YoY.
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