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Southwest Airline pulls annual guidance on tariff-driven economic uncertainty

AuthorYasin Ebrahim
Published 23/04/2025, 21:48
Updated 23/04/2025, 21:58
© Reuters.
LUV
-0.50%

Investing.com -- Southwest Airline pulled its annual guidance Wednesday as the tariff-driven economic uncertainty clouds the outlook for booking trends at a time when travel demand is softening amid a weaker consumer.

Southwest Airlines Company (NYSE:LUV) fell 4% in afterhours trading following the report. 

For the three months ended Mar. 31, the airline reported an adjusted loss of $0.13 on revenue of $6.4B, compared with estimates for a loss of $0.19 per diluted share on revenue of $6.42B. 

For Q1, the company sees revenue per available seat mile, or RASM, to come in flat to down 4% and available seat miles to be up between 1% and 2%. 

Looking further ahead, however, the company said it was not reiterating its full year 2025 or 2026 EBIT guidance, citing the current "macroeconomic uncertainty."

 

 

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