Southwest Airlines Raises Second-Quarter Revenue Forecast on Travel Demand

Reuters2022-05-26

May 26 (Reuters) - Southwest Airlines Co on Thursday raised its second-quarter operating revenue forecast, as strong travel demand puts U.S. carriers on the fast track to a recovery from pandemic lows.

Shares of the airline were up nearly 3% before the bell.

"The company continues to experience strong load factors and an acceleration in bookings for summer travel," Southwest said in a regulatory filing.

Southwest added it is on track to report "solid profits" for the quarter and for the rest of 2022.

The carrier said it expects current-quarter operating revenue to rise 12% to 15% versus pre-pandemic levels, compared with its earlier forecast of an 8% to 12% rise.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

SteadyDoesIt
2022-05-26
SteadyDoesIt
Nice
b14293
2022-05-26
b14293
Time to go long
Baby Step 4
2022-05-26
Baby Step 4
Thanks

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1144514645?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-05-26 18:55","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1144514645","market":"us","top_or_hot":-1,"title":"Southwest Airlines Raises Second-Quarter Revenue Forecast on Travel Demand","media":"Reuters","content":"<html><head></head><body><p>May 26 (Reuters) - Southwest Airlines Co on Thursday raised its second-quarter operating revenue forecast, as strong travel demand puts U.S. carriers on the fast track to a recovery from pandemic lows.</p><p>Shares of the airline were up nearly 3% before the bell.</p><p><img src=\"https://static.tigerbbs.com/e1c2e206b4dac68b96a30cc0d9b0b469\" tg-width=\"872\" tg-height=\"623\" width=\"100%\" height=\"auto\"/></p><p>&#34;The company continues to experience strong load factors and an acceleration in bookings for summer travel,&#34; Southwest said in a regulatory filing.</p><p>Southwest added it is on track to report &#34;solid profits&#34; for the quarter and for the rest of 2022.</p><p>The carrier said it expects current-quarter operating revenue to rise 12% to 15% versus pre-pandemic levels, compared with its earlier forecast of an 8% to 12% rise.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Southwest Airlines Raises Second-Quarter Revenue Forecast on Travel Demand</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSouthwest Airlines Raises Second-Quarter Revenue Forecast on Travel Demand\n</h2>\n\n<h4 class=\"meta\">\n\n2022-05-26 18:55 北京时间&nbsp;&nbsp;&nbsp;<strong>Reuters</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>May 26 (Reuters) - Southwest Airlines Co on Thursday raised its second-quarter operating revenue forecast, as strong travel demand puts U.S. carriers on the fast track to a recovery from pandemic lows...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LUV","symbol_name":"西南航空","start_time":0,"source_url":"","article_id":"1144514645","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1144514645","pubTimestamp":1653562517,"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"May 26 (Reuters) - Southwest Airlines Co on Thursday raised its second-quarter operating revenue for","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LUV":"西南航空"},"translate_title":"西南航空因旅行需求上调第二季度收入预期","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LUV":0.9},"content_text":"May 26 (Reuters) - Southwest Airlines Co on Thursday raised its second-quarter operating revenue forecast, as strong travel demand puts U.S. carriers on the fast track to a recovery from pandemic lows.Shares of the airline were up nearly 3% before the bell.\"The company continues to experience strong load factors and an acceleration in bookings for summer travel,\" Southwest said in a regulatory filing.Southwest added it is on track to report \"solid profits\" for the quarter and for the rest of 2022.The carrier said it expects current-quarter operating revenue to rise 12% to 15% versus pre-pandemic levels, compared with its earlier forecast of an 8% to 12% rise.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9022431142,"gmtCreate":1653565906486,"gmtModify":1676535304693,"author":{"id":"4087620073091560","authorId":"4087620073091560","name":"SteadyDoesIt","avatar":"https://static.tigerbbs.com/ab599edb0711e3b18e0dda8931ea8e4a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087620073091560","authorIdStr":"4087620073091560"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9022431142","repostId":1144514645,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9022431091,"gmtCreate":1653565800413,"gmtModify":1676535304685,"author":{"id":"3578385220008893","authorId":"3578385220008893","name":"b14293","avatar":"https://static.tigerbbs.com/eacdce655041c0b71bd11ebb6ae685c3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578385220008893","authorIdStr":"3578385220008893"},"htmlText":"Time to go long&nbsp;","listText":"Time to go long&nbsp;","text":"Time to go long","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9022431091","repostId":1144514645,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9022498435,"gmtCreate":1653564004927,"gmtModify":1676535304560,"author":{"id":"3585617155516823","authorId":"3585617155516823","name":"Baby Step 4","avatar":"https://static.tigerbbs.com/8ee1c9c06b2929c88e9f5bb3a24cf2d2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3585617155516823","authorIdStr":"3585617155516823"},"htmlText":"Thanks&nbsp;","listText":"Thanks&nbsp;","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9022498435","repostId":1144514645,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":38,"commentSize":3,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1144514645"}