Southwest Airlines Co. reported a quarterly profit higher than analysts expected as leisure travel over the winter holidays and ticket prices both rose in the final three months of 2024.Adjusted earnings jumped to 56 cents a share in the period,
Southwest Airlines added 31 new flights for the Super Bowl in New Orleans with most tickets costing more than $500, while Delta added seven services.
Southwest's results echo sentiments laid out by Delta Air Lines, which reported quarterly results earlier in the month. Delta said demand accelerated throughout the fourth quarter, with a handful of its highest revenue days in history taking place in November and December. The company also expects travel demand to remain strong this year.
A downbeat outlook tarnished an otherwise strong quarter for Southwest, which topped profit estimates on robust holiday travel.
Delta Air Lines is dropping nonstop service to two Central American destinations from a key West Coast hub — but launching two new routes for the summer months.
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ATLANTA - For a fourth year in a row, Atlanta-based Delta Air Lines has been named the Wall Street Journal's top U.S. airline. The win was Delta's seventh time in the top spot in eight years.
Southwest Airlines posted a profit in the fourth quarter as bookings during the holidays were better than expected.
Last night's tragedy involving American Airlines Flight 5342 and a US Army Sikorsky Black Hawk helicopter has taken a turn for the worst after authorities said emergency responders are now shifting from rescue to recovery mode.
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The airline and government officials were unable to give updates on the 64 passengers onboard the flight or the three people on the helicopter.
Flight operations are expected to resume late Thursday morning at Reagan National Airport (DCA) after a plane and helicopter crash Wednesday night.