Southwest, saying leisure fares will hold down its profit, offers more
Southwest expects fourth quarter earnings "substantially" less than last year's record, the airline said, because of "strong demand" for lower leisure fares. Last week, Southwest stimulated that demand with another round of fare sales, offering $29 trips to many destinations.
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.