SOUTHWEST AIRLINES WARNS OF HIGHER FULL-YEAR COSTS AND SOFTER PRICING
- NEWS Desk Global
- Jul 27, 2023
- 1 min read
Southwest Airlines (LUV.N) on Thursday warned of higher labor costs and softer pricing, fueling worries of a potential hit to its profit if strained household budgets slow down travel demand. The carrier's shares fell 8.8% in morning trade, dragging down American Airlines (AAL.O), United Airlines (UAL.O) and Delta Air (DAL.N) between 1.3% and 1.6%.
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