Shares of Southwest Airlines Co. dropped 2.6% in premarket trade Wednesday, after the air carrier cuts its first-quarter unit revenue and capacity guidance...
Shares of Southwest Airlines Co. LUV, +0.12% dropped 2.6% in premarket trade Wednesday, after the air carrier cuts its first-quarter unit revenue and capacity guidance and raised its costs outlook, citing the negative impacts of the government shutdown, weather disruptions and flight cancellations. The company now expects revenue per available seat mile to rise 2% to 3% from a year ago, down from previous guidance of a 3% to 4% increase. Since Feb.
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