A Taxis Boeing 737 from Southwest Airlines at Ronald Reagan Washington National Airport in Arlington, Virginia, May 16, 2025.
Kevin Carter | Getty images
Southwest Airlines On Wednesday, on Wednesday published income and revenues from the second quarter that did not miss the estimates of Wall Street, but said that the travel request has stabilized, echoing other airlines in recent weeks.
The airline has also announced a new share repurchase of $ 2 billion.
Here is how Southwest worked in the second quarter compared to Wall Street expectations, according to CSEG consensual estimates:
- Profit by action: 43 cents adjusted vs 51 cents expected
- Income: $ 7.24 billion against $ 7.3 billion expected
The carrier withdrew its directives in 2025 in April, citing economic uncertainty in the United States similar to other airlines, Southwest said that it would reduce theft during the out-of-peak periods while carriers were struggling with a lower than expected domestic travel request. The CEO, Bob Jordan, said last month at CNBC that there was more reduction this summer, which is generally the busiest travel period of the year.
Southwest expects its unit revenues in the third quarter, a gauge in the pricing power of airlines, vary between a decrease of 2% to an increase of 2% compared to the same period from July to September 2024.
The airline has revised its business model, getting rid of general policies such as two free checkered bags for all customers and spending open seats with attributed seats and new boarding orders, which the carrier announced on Monday.
Southwest said that basic economics sales had suffered on its website after launching the new restrictive rates in May. He said that they had since returned to “expected levels” but that it has harmed his unit income in the second quarter of half a point and would harm the unit revenues of approximately one point in the third quarter.
Southwest posted a net profit of $ 213 million, or 39 cents per share, in the second quarter. It is down 42% compared to last year, on sales of $ 7.24 billion, or 1.5% less than one year earlier. The adjustment of punctual items, the profits from the second quarter of Southwest were $ 230 million, or 43 cents per share, down 38% compared to last year.
Passenger income per mile seat came to $ 14.10, below $ 14.19, Wall Street expected the street account.