Southwest Airlines posts record Q1 revenue, warns on fuel costs
Southwest Airlines reported a profit for the first quarter of 2025, driven by record operating revenue of $7.25 billion. The carrier's performance exceeded expectations for the quarter, but it issued a cautious outlook for the second quarter, citing rising fuel costs. The warning sent shares lower as analysts had projected higher earnings for Q2. The airline also noted strong travel demand, which helped offset some cost pressures. Southwest's results come amid a competitive landscape where carriers are managing fuel price volatility and capacity adjustments.
Key facts
- Southwest Airlines swung to a profit in Q1 2025.
- Record first-quarter operating revenue of $7.25 billion.
- Q2 earnings projected below analyst expectations.
- Fuel costs cited as a warning factor.
- Strong travel demand helped offset costs.
Entities
Institutions
- Southwest Airlines
Sources
- Quartz —