Southwest Airlines Co

NYSE:LUV   3:59:58 PM EDT
+1.72 (+2.96%)
Other Pre-Announcement

Southwest Airlines Co - Passenger Demand And Operating Revenues Performed In-Line With Expectations In February 2021

Published: 03/15/2021 11:02 GMT
Southwest Airlines Co (LUV) - Southwest Airlines Co - Passenger Demand and Operating Revenues Performed In-line With Company's Expectations in February 2021.
Southwest Airlines Co - March and April 2021 Operating Revenues Are Currently Expected to Improve Compared With Company's Previous Estimations.
Southwest Airlines - Experienced Increase in Bookings Farther Out in Booking Curve, But Currently Has Limited Visibility to Bookings Beyond May 2021.
Southwest Airlines - Estimates March 2021 Load Factor 65% to 70%.
Southwest Airlines - Estimates April 2021 Load Factor 70% to 75%.
Southwest Airlines - Estimates March 2021 Operating Revenue Year-over-year Down 15% to 20%.
Southwest Airlines - Impacted by Severe Winter Weather in Feb 2021, Which Resulted in a 2 to 3 Point Year-over-year Decrease in Available Seat Miles.
Southwest Airlines - Business Travel Continues to Significantly Lag Leisure Travel Demand.