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Stock impact report

Rising oil prices, rising airfares: Southwest Airlines says costs still below inflation [Yahoo! Finance]

Southwest Airlines Company (LUV) 
Last southwest airlines company earnings: 4/28 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.southwest.com
Company Research Source: Yahoo! Finance
Airfares are rising as oil prices soar because of the war with Iran, and different airlines are adapting in different ways. Channel 2's Lori Wilson learned what some airline leaders are doing to handle the changes. Southwest Airlines CEO Bob Jordan sat down exclusively with ABC News to talk about ticket prices and the larger economy. [DOWNLOAD: Free WSB-TV News app for alerts as news breaks ] “Well, airfares they are up, but they are still below the inflation rate that we've had since COVID,” Jordan told ABC News' Rebecca Jarvis. “I'm very proud of the fact that Southwest has everyday low pricing. We use our aircraft more efficiently than anybody else and that's a big key to being able to offer the low fares that we offer you every single day.” Jarvis asked Jordan about how tickets could be affected if jet fuel costs keep going up, and he said the company focuses on what it can control, rather than what it can't. TRENDING STORIES: T.I.'s son arrested in traffic stop wea Show less Read more
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