Southwest Airlines Now Expects Q2 Operating Revenue Per Available Seat Mile To Decline 4.0% To 4.5% Range Vs. Prior Expectation Of 1.5% To 3.5% Decline - Filing
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Southwest Airlines has revised its Q2 operating revenue per available seat mile (RASM) expectations to a decline of 4.0% to 4.5%, compared to the previous forecast of a 1.5% to 3.5% decline.
June 26, 2024 | 10:34 am
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Southwest Airlines has revised its Q2 operating revenue per available seat mile (RASM) expectations to a decline of 4.0% to 4.5%, compared to the previous forecast of a 1.5% to 3.5% decline.
The downward revision in RASM expectations indicates weaker-than-expected revenue performance for Q2, which is likely to negatively impact investor sentiment and the stock price in the short term.
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