Southwest Airlines’ Q4 Profit Beats Estimates as Travel Demand and Higher Fares Drive Growth

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Southwest Airlines’ fourth-quarter profit exceeded Wall Street expectations, driven by strong travel demand and higher fares. The airline expects first-quarter unit revenue to exceed projections, indicating strong pricing power. Southwest announced plans for vacation packages and aircraft sale-leasebacks to boost revenue and liquidity amid rising labor and maintenance costs. U.S. airlines reduced seating to raise fares after last summer’s surplus capacity led to discounts and lower margins.