Southwest Airlines profit tops estimates, expects higher revenue in fourth quarter
Southwest Airlines(LUV) CNBC·2024-10-24 18:48
A Southwest Airlines plane takes off from Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, US, on Friday, July 12, 2024.Southwest Airlines third-quarter profit fell from a year ago but topped Wall Street estimates while the carrier workers to drum up revenue and fend off activist investor Elliott Investment Management.The Dallas-based carrier on Thursday forecast unit revenue for the fourth quarter up 3.5% to 5.5% on a 4% drop in capacity compared with a year ago. It said costs, e ...