Southwest Airlines cuts Q1 unit revenue growth forecast
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FILE PHOTO: A Southwest commercial airliner takes off from Las Vegas International Airport in Las Vegas, Nevada, U.S., February 8, 2024. REUTERS/Mike Blake/File Photo
(Reuters) - Southwest Airlines cut its unit revenue growth forecast on Tuesday, as concerns over discretionary spending amid tariff pressures and government spending uncertainties affect domestic travel demand.
The carrier now expects its unit revenue growth to be between 2% and 4% during the first quarter, compared with its prior range of 5% to 7% increase.
(Reporting by Nathan Gomes in Bengaluru; Editing by Shilpi Majumdar)
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