Southwest Airlines Co. Provides Earnings Guidance for the First Quarter of 2023 and Operating Guidance for the Year 2023
January 26, 2023 at 06:32 am
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%.