“Extra legroom, assigned seats, overnight flights: Inside Southwest Airlines’ plan for its future”
September 30, 2024
“…Southwest said its three-year plan will add $4 billion to earnings before interest and taxes in 2027. The airline also raised its third-quarter revenue forecast and said its board authorized $2.5 billion in share buybacks.
Southwest said it expects unit revenue to rise as much as 3% in the third quarter over the same period last year, up from a previous forecast of a decline of as much as 2%, helped in part by rebooking passengers who were originally flying on airlines affected by July’s CrowdStrike outage.
Southwest shares rose more than 5% on Thursday, and other airlines also ended sharply higher after oil prices slipped nearly 3%…”
https://www.cnbc.com/2024/09/26/southwest-investor-day-proxy-battle-elliott.html