Southwest Airlines Sees Q3 CASM-X, Y/Y Up 3.5%-6.5%, Travel Demand During Labor Day Weekend Was Strong And Produced A Record Revenue Performance For Holiday Weekend
Portfolio Pulse from Benzinga Newsdesk
Southwest Airlines has reported a strong Labor Day weekend with record revenue performance. The company also expects its Q3 CASM-X to increase by 3.5%-6.5% year over year.
September 06, 2023 | 10:47 am
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Southwest Airlines' strong Labor Day weekend revenue and expected increase in Q3 CASM-X could potentially boost its stock price.
The news of record revenue performance during the Labor Day weekend and the expected increase in Q3 CASM-X indicates a strong financial performance by Southwest Airlines. This could potentially attract investors and drive up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100