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Sat, Jun 14, 2025
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Total News Sources
2
Left
0
Center
1
Right
1
Unrated
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Last Updated
259 days ago
Bias Distribution
50% Center
260 days ago
Updated 259 days ago
Southwest Airlines Raises Q3 Revenue Forecast
Southwest Airlines Raises Q3 Revenue Forecast

Southwest Airlines Raises Q3 Revenue Forecast

News summary

Southwest Airlines has raised its third-quarter revenue forecast, expecting unit revenue growth up to 3%, a significant improvement from prior estimates of a 2% decline, largely attributed to increased bookings post-CrowdStrike outage. The airline announced a $2.5 billion share buyback program and is implementing changes to enhance profitability, including introducing premium seating and retrofitting cabins, projected to yield $1.5 billion. Amid pressure from activist investor Elliott Investment Management, Southwest is also adding Bob Fornaro to its board to bolster industry expertise. The airline plans to present its turnaround strategy during an investor day, amidst calls from Elliott for leadership changes. Additionally, Southwest will be cutting service in Atlanta, affecting hundreds of flight crew positions, as part of its operational adjustments. These moves come as part of a broader goal to generate an additional $4 billion in earnings before interest and taxes by 2027.

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CNBC
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Southwest raises summer revenue forecast
260 days ago
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New York Post
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Southwest raises revenue outlook, reveals changes under pressure from activist hedge fund Elliott
260 days ago
Read Full Article
alt
CNBC
Center
Southwest raises summer revenue forecast
260 days ago
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alt
New York Post
Right
Southwest raises revenue outlook, reveals changes under pressure from activist hedge fund Elliott
260 days ago
Read Full Article
Bias Distribution
50% Center
Information Sources
7684cee2-ff92-4e65-86b5-bfb0b188107d78876203-7edc-4c1e-8422-d6a486707f9e
Center 50%
Right 50%
Coverage Details
Total News Sources
2
Left
0
Center
1
Right
1
Unrated
0
Last Updated
259 days ago
Bias Distribution
50% Center
Related News
Daily Index

Negative

22Serious

Neutral

Optimistic

Positive

Negative

22Serious

Neutral

Optimistic

Positive

Negative

22Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage
alt
CNBC
Center
Southwest raises summer revenue forecast
260 days ago
Read Full Article
alt
New York Post
Right
Southwest raises revenue outlook, reveals changes under pressure from activist hedge fund Elliott
260 days ago
Read Full Article
alt
CNBC
Center
Southwest raises summer revenue forecast
260 days ago
Read Full Article
alt
New York Post
Right
Southwest raises revenue outlook, reveals changes under pressure from activist hedge fund Elliott
260 days ago
Read Full Article
Ask VT AI
Bias Distribution
50% Center
Information Sources
7684cee2-ff92-4e65-86b5-bfb0b188107d78876203-7edc-4c1e-8422-d6a486707f9e
Center 50%
Right 50%

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