Southwest Airlines raises third-quarter revenue 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 on Thursday raised its third-quarter forecast for revenue per available seat miles (RASM), a proxy for pricing power.
The carrier expects RASM to be up between 2% and 3% for the period, compared with its prior range of flat to down 2%.
(Reporting by Nathan Gomes in Bengaluru; Editing by Shilpi Majumdar)
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