Business & MarketsCompanies

Southwest Airlines to Cut Bookings as Travel Demand Falls

Southwest reported a first-quarter loss of 26 cents per share. An analyst warns new initiatives such as baggage fees could cost it market share.
Save
Southwest Airlines to Cut Bookings as Travel Demand Falls
A Southwest Airlines plane prepares to land at Midway International Airport in Chicago on Feb. 12, 2023. Kiichiro Sato/AP Photo
Wesley Brown
Updated:
0:00

Southwest Airlines Company’s ongoing turnaround efforts stalled in the first quarter as the Dallas-based carrier announced plans to cut flight schedules amid an industry-wide travel slump.

Like America, Delta, and other domestic airline carriers, Southwest also paused its 2025 and 2026 outlook, warning that the industry’s current economic conditions could potentially impact travel demand well into the next several quarters.

Wesley Brown
Wesley Brown
Author
Wesley Brown is a long-time business and public policy reporter based in Arkansas. He has written for many print and digital publications across the country.