Southwest Airlines Co

NYSE:LUV   11:39:32 AM EDT
41.38
-1.44 (-3.36%)
Other Pre-Announcement

Southwest Airlines Co Sees Q4 Operating Revenue Down 10% To 15% Versus 2019

Published: 12/08/2021 11:58 GMT
Southwest Airlines Co (LUV) - Sees Q4 Operating Revenue Down 10% to 15% Versus 2019.
Sees Q4 Fuel Costs per Gallon $2.15 to $2.25.
Leisure Bookings Continue to Come in Above Expectations for December Travel.
Sees 2022 Capital Spending of About $5.0 Billion - Sec Filing.
Managed Business Revenues Are Expected to Recover to Down 55% to Down 60% in December Versus 2019 Levels.
Sees 2022 Casm-x Up 8% to 12% Versus 2019.
Southwest Airlines - Expect Higher Casm-x Inflation in 2022, With a Goal to Return to Pre-pandemic Annual Inflation Levels in Low Single Digit Range.
Says Expects Asm Growth in Mid Single Digits Through 2026.
Sees 2022 Asms Down 3% to Up 2% Versus 2019.
Sees Q1 2022 Asms Down About 6% Versus 2019.
Sees Estimated Ebit Contribution of $1 Billion to $1.5 Billion in 2023, With Roughly Half of Value Estimated in 2022.
Sees Q1 2022 Casm-x Up 10% to 14% Versus 2019.
Q4 Revenue View $4.66 Billion -- Refinitiv Ibes Data (analyst estimates).
Further Company Coverage: .
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