Category: Business
Southwest Airlines reported Q2 earnings of $0.58 per share and revenue of $7.35 billion, exceeding analyst expectations. Despite this, shares fell over 2% in premarket trading. The airline anticipates a 2% rise in available seat miles for Q3 and is making significant changes to its business model, including assigned seating and extra legroom seats, starting next year.
Keywords: Southwest Airlines, Q2 earnings, business model changes
Update At: 7/25/2024