Southwest Airlines cut its unit revenue growth forecast on Tuesday, as concerns over discretionary spending amid tariff pressures and government spending uncertainties affect domestic travel demand.
The carrier now expects its unit revenue growth to be between 2% and 4% during the first quarter, compared with its prior range of 5% to 7% increase.
The revision of the global airport sector outlook to ‘deteriorating’ from ‘neutral’ reflects a more challenging operating environment due to the Iran conflict disruption, Fitch Ratings says.
View Article
Industry updates and weekly newsletter direct to your inbox!