Last month, Southwest Airlines raised concerns about rising fuel costs and weaker leisure bookings in August, citing seasonality trends. The company's total...
- Southwest Airlines reported a third-quarter profit on Thursday that fell about 30% on soaring labor and fuel costs and the budget carrier said it expects higher aircraft deliveries from Boeing in 2023.
"As we move into 2024, we are slowing our available seat miles growth rate to absorb current capacity ... and optimize schedules to current travel patterns," Southwest Airlines CEO Bob Jordan said on Thursday. The airline, one of Boeing's biggest MAX customers, said it expects 85 deliveries of the 737-8 jet this year compared with its previous expectations of 70, despite the planemaker's recent quality issues.
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