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Southwest Airlines Reports $261M Profit, Forecasts Revenue Growth

1/30/2025

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Story summary
  • Southwest Airlines soared to a fourth-quarter 2024 net income of $261 million, generating $6.93 billion in revenue, even as it missed some expectations. CEO Bob Jordan highlighted the airline's strong revenue initiatives and operational gains. Looking ahead, Southwest predicts a 5-7% rise in unit revenues for Q1 2025, despite a projected 2-3% dip in capacity.