Southwest Airlines reported a surprise quarterly profit for the third quarter.
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Southwest Airlines
on Wednesday posted a surprise profit for the third quarter and forecast better travel demand and higher fares for the fourth quarter.
The carrier said it expects unit revenue to rise between 1% and 3% during the final three months of the year, with capacity up 6% over the same period last year.
“This guidance range assumes demand strength remains at current levels through the end of the quarter,” Southwest said.
The airline reported that revenue in its first-quarter period rose nearly 13% to $7.25 billion.
The bank upgraded the airline stock to buy from neutral.
The carrier said it expects 2025 earnings before interest and taxes of about $500 million, down from a previous forecast of $600…
United Airlines said it expects per-share adjusted earnings of $3 to $3.50 for the fourth quarter.
American Airlines posted a smaller-than-expected loss for the third quarter.
American expects to earn 7% to 10% more revenue in the first three months of 2026.
