Southwest Air drops as US airlines contend with soaring fuel
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Southwest Airlines Co. reported adjusted quarterly profit and revenue that fell just shy of Wall Street’s expectations, as the US carrier joins rivals in grappling with higher fuel costs.
Shares in the Dallas-based airline extended losses in aftermarket trading after Southwest declined to update its full-year profit guidance of at least $4 a share, underscoring the volatility in the industry.
It said achieving those results would require lower fuel prices mixed with stronge
Shares in the Dallas-based airline extended losses in aftermarket trading after Southwest declined to update its full-year profit guidance of at least $4 a share, underscoring the volatility in the industry.
It said achieving those results would require lower fuel prices mixed with stronge
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