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Southwest Airlines Co. (NYSE:LUV) (the "Company") is providing updated guidance regarding selected financial trends.
The following table presents updated selected financial guidance for second quarter 2023. These projections are based on current booking trends and the Company's current outlook, and actual results could differ materially.
2Q 2023 Estimation |
Previous estimation |
|||
RASM (a), year-over-year |
Down 8% to 10% |
Down 8% to 11% |
||
ASMs (b), year-over-year |
Up ~14% |
No change |
||
Economic fuel costs per gallon1 (c) |
~$2.55 |
$2.45 to $2.55 |
||
CASM-X (d), year-over-year2 |
Up 5% to 8% |
No change |
||
Scheduled debt repayments (millions) |
~$10 |
No change |
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Interest expense (millions) |
~$65 |
No change |
Posted In: LUV