“Southwest Airlines quarterly profit slides 30% and says growth will slow next year”
November 6, 2023
“Southwest Airlines’ third-quarter profit fell 30% to $193 million despite record revenue as leisure travel boomed over the summer, and the airline is losing pricing power at the same time that labor costs are rising.
Southwest said Thursday that it will throttle back growth plans next year because of changes in travel, including a disappointingly slow recovery in business travel…”
https://finance.yahoo.com/news/southwest-airlines-quarterly-profit-slides-112409673.html