Airline

Southwest adjusts second quarter guidance

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Southwest adjusts second quarter guidance

Southwest Airlines adjusted its second quarter guidance, lowering its revenue per available seat mile (RASM) to be down 4.0%-4.5% year-on-year (YoY). It had originally forecast its RASM to be down around 1.5%-3.5% YoY. The airline maintained that its operational performance in the second quarter is...

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