Southwest Airlines Inc. (LUV) on Friday lowered its full-year 2025 earnings before interest and taxes (EBIT), before special items, citing weaker revenue during the U.S. government shutdown and higher fuel costs.
The carrier now expects EBIT of about $500 million for the year, down from its previous forecast of $600 million to $800 million.
Southwest said demand temporarily declined during the shutdown period but noted that bookings have since returned to prior expectations.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.