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Southwest Airlines Soars: Profit to Quadruple by 2026!
29 Jan
Summary
- Southwest projects adjusted earnings per share to reach $4 by 2026.
- The airline ended its open seating policy, introducing seat selection fees.
- First-quarter revenue per available seat mile is expected to jump at least 9.5%.
Southwest Airlines has announced ambitious financial projections, forecasting a fourfold surge in adjusted earnings per share by 2026, reaching an estimated $4 per share. This figure surpasses current analyst expectations and represents a substantial increase from the 93 cents reported last year.
The airline's optimistic outlook is closely tied to its recent implementation of assigned seating, a departure from its historical open-seating policy which officially concluded earlier this week. This transition includes the introduction of seat-selection fees and the availability of extra-legroom seats.
