Southwest Revises RASM Guidance

Credit: Southwest Airlines

Southwest Airlines now expects its first-quarter revenue per available seat-mile (RASM) to be down 2–3% year-over-year, the airline said in a March 10 traffic update. During the carrier’s Jan. 26 earning call, management had said it expected first-quarter RASM to be in a range of flat to -1%. “A...

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