Southwest Airlines Co

NYSE:LUV   3:59:59 PM EDT
56.29
+1.10 (+1.99%)
4:00:00 PM EDT: $56.31 +0.02 (+0.04%)
Other Pre-Announcement

Southwest Airlines Co - Based On Current Bookings, Leisure Fare Levels In June 2021 Are Nearing June 2019 Levels

Published: 05/19/2021 10:53 GMT
Southwest Airlines Co (LUV) - Southwest Airlines Co - Based on Current Bookings, Leisure Fare Levels in June 2021 Are Nearing June 2019 Levels.
Southwest Airlines Co - Continues to Experience an Increase in Bookings Farther Out on Booking Curve.
Southwest Airlines Co - Approximately 55 Percent and 35 Percent of Anticipated Bookings Currently in Place for June and July, Respectively.
Southwest Airlines Co - April 2021 Business Revenues Were Down Approximately 80 Percent Compared With April 2019.
Southwest - Business Travel Demand Continues to Significantly Lag Leisure Trends.
Southwest Airlines Co - Co Has Recently Experienced Modest, Consistent Improvements in Business Passenger Demand & Bookings.
Southwest - Business Travel Demand is Expected to Continue to Have a Negative Impact on Close-in Demand and Average Passenger Fares in Q2 2021.
Southwest Airlines Co - Sees May 2021 Operating Revenue Down 35%-40% Versus 2019; Sees June 2021 Operating Revenue Down 20%-25% Versus 2019.
Southwest Airlines Co - is in Process of Adjusting Its Published Flight Schedule for July 2021.
Southwest Airlines Co - Company Now Expects Its Second Quarter 2021 Capacity to Increase Approximately 87 Percent, Year-over-year.
Southwest Airlines Co - Currently Expects July Capacity to Increase Approximately 41 Percent, Year-over-year.
Southwest Airlines Co - Continues to Pursue Additional Revenue Opportunities by Adding New, Popular Destinations Across Its Domestic-focused Network.