Southwest Airlines became the latest U.S. carrier on Wednesday to withdraw its financial forecast as President Donald Trump's trade war has created the biggest uncertainty for the industry since the COVID-19 pandemic. With little clarity on how consumers will behave in the face of a potentially worsening economy, airlines are struggling to accurately forecast their business.Travel is a discretionary item for many consumers and businesses. With the trade war raising the prospect of slower economic growth and ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Southwest Airlines (LUV) reported $6.43 billion in revenue for the quarter ended March 2025, representing a year-over-year increase of 1.6%. EPS of -$0.13 for the same period compares to -$0.36 a year ago.The reported revenue represents a surprise of +0.40% over the Zacks Consensus Estimate of $6.4 billion. With the consensus EPS estimate being -$0.18, the EPS surprise was +27.78%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...

LAS VEGAS, NEVADA - MARCH 15: A Southwest Airlines Boeing 737 airplane departs from Harry Reid International Airport as another airplane taxis on March 15, 2025 in Las Vegas, Nevada. (Photo by Kevin Carter/Getty Images)Southwest Airlines said Wednesday that it will reduce its capacity in the second half of the year, as more signs point to weaker domestic bookings this year.The airline said it expects unit revenue to be flat to down as much as 4% in the second quarter from a year earlier. Southwest said it i ...

DALLAS, April 23, 2025 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") today reported its first quarter 2025 financial results:   Net loss of $149 million, or $0.26 loss per diluted share Net loss, excluding special items1, of $77 million, or $0.13 loss per diluted share Record first quarter operating revenues of $6.4 billion on all-time record yields Liquidity2 of $9.3 billion, well in excess of debt outstanding of $6.7 billionBob Jordan, President, Chief Executive Officer, & Vice Chairm ...

SOUTHWEST AIRLINES REPORTS FIRST QUARTER 2025 RESULTS DALLAS, TEXAS - April 23, 2025 - Southwest Airlines Co. (NYSE: LUV) (the "Company") today reported its first quarter 2025 financial results: Bob Jordan, President, Chief Executive Officer, & Vice Chairman of the Board of Directors, stated, "While the broader economic environment has been dynamic, we remain focused on executing our transformational plan. On costs, we beat our previously adjusted guidance and are on track to achieve the increased cost redu ...

Industry Overview - The Zacks Transportation sector is facing challenges from persistent inflation, tariff-induced economic uncertainties, and supply-chain disruptions [1][2] - A downturn in the freight market due to excess capacity relative to freight volumes has severely impacted the sector [1] Economic Factors - Inflation concerns and geopolitical tensions are dampening the prospects for stocks in the transportation sector, leading to increased market volatility [2] - Supply-chain issues are expected to keep costs high in the near future [2] Positive Developments - Low fuel costs resulting from declining oil prices are acting as a tailwind for the transportation sector, potentially supporting bottom-line growth for companies [3] Company Earnings Expectations - Investors are awaiting earnings results from Westinghouse Air Brake Technologies (WAB), Old Dominion Freight Line (ODFL), Union Pacific Corporation (UNP), and Southwest Airlines Co. (LUV) [4] Westinghouse Air Brake Technologies (WAB) - The Zacks Consensus Estimate for WAB's revenues is $2.60 billion, indicating a 4% growth year-over-year, driven by strong performance in the Freight and Transit segments [6] - The earnings estimate for WAB has been revised upward by 1.01% to $2.01 per share, but the model does not predict an earnings beat due to an Earnings ESP of -2.19% [7] Old Dominion Freight Line (ODFL) - ODFL's revenue is expected to be $1.37 billion, reflecting a 6.3% decrease year-over-year, impacted by weak freight demand and high inflation [9] - The earnings estimate for ODFL has been revised downward by 0.9% to $1.15 per share, indicating a 14.2% decline from the previous year [9][10] Union Pacific Corporation (UNP) - The revenue estimate for UNP is $6.09 billion, showing a 0.9% increase year-over-year, while the earnings estimate has been revised downward by 2.15% to $2.73 per share [11][12] - UNP's performance is expected to be negatively affected by the freight market downturn and a soft consumer market [12] Southwest Airlines (LUV) - LUV is projected to achieve revenues of $6.40 billion, indicating a 1.16% growth year-over-year, supported by effective revenue management strategies [13] - The earnings estimate for LUV is a loss of 18 cents per share, which is wider than the previous estimate but represents a 50% improvement from the year-ago loss [14]

Southwest Airlines Co. (LUV) is scheduled to report first-quarter 2025 results on April 24, 2025. LUV has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in three of the preceding four quarters, missed the mark in the remaining quarter, the average beat being 58.64%. (See the Zacks Earnings Calendar to stay ahead of market-making news).Image Source: Zacks Investment ResearchLet’s see how things have shaped up for LUV this earnings season.Factors Likely to Have Influenc ...

Core Points - Southwest Airlines is facing a lawsuit from a couple whose four-year-old son suffered second-degree burns from spilled hot coffee during a flight [1][2] - The incident occurred while the family was traveling from Orlando to Chicago, with the flight attendant reportedly carrying a drinks tray precariously [1] - The lawsuit claims that the flight attendants were unhelpful and did not provide adequate care for the child's injuries [2][4] Incident Details - The child, referred to as K.W., experienced significant pain and distress throughout the flight after the coffee spill [2] - Following the incident, K.W. had difficulties with basic activities such as sitting in a car seat and using the bathroom, and he missed approximately two weeks of preschool [3][4] - The lawsuit alleges that a gate agent exacerbated the situation by placing K.W. directly on his buttocks, causing one of his burn blisters to burst [3] Legal Action - The Wongs are accusing Southwest Airlines of negligence and are seeking damages exceeding $75,000 [4] - Southwest Airlines has not commented on the ongoing litigation [4]

DALLAS, April 17, 2025 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) invites you to listen to a live webcast of its first quarter 2025 financial results. Details are as follows: When:    Thursday, April 24, 2025, at 12:30 PM Eastern Time Who:      Bob Jordan, President, Chief Executive Officer, and Vice Chairman of the Board of Directors Andrew Watterson, Chief Operating Officer Tom Doxey, Executive Vice President and Chief Financial Officer Web Address: http://www.southwest ...