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Southwest Airlines plans a $750M stock buyback, revises forecast due to increased travel demand.
Southwest Airlines announced a $750 million stock buyback for the first quarter of 2025 and revised its fourth-quarter guidance, now expecting a 5.5% to 7.0% increase in revenue per available seat mile.
The airline cited strong travel demand and efficiency measures for the improved outlook.
Both Southwest and American Airlines have updated their forecasts, leading to a rise in their stock prices, as domestic travel demand continues to rebound.
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Southwest Airlines planea una recompra de acciones de $750M, revisa las previsiones debido al aumento de la demanda de viajes.