Southwest Airlines Co. Provides Earnings Guidance for the First Quarter of 2023 and Operating Guidance for the Year 2023
January 26, 2023 at 05:02 pm IST
Southwest Airlines Co. provided earnings guidance for the first quarter of 2023 and operating guidance for the year 2023. Based on current revenue and cost trends, the company currently expect a first quarter 2023 net loss. Operating revenue, year-over-year were up 20% to 24%. Available seat miles, year-over-year were Up ~10%.
For the year, the company expects Available seat miles, year-over-year were Up 16% to 17%.