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Southwest Airlines, echoing comments by competitors, issued an upbeat forecast for holiday travel Thursday.
The Dallas-based airline said in its latest earnings report it "continues to experience strong leisure and business revenue trends and strong bookings" throughout the last three months of the year, "including the holiday time periods."
The company reported record operating revenue over the three months ending in September and expects its operating revenue at the end of the year to "accelerate" compared to the third quarter.
The carrier's confidence is driven partly after seeing "strong" revenue trends in September, which were "bolstered by improving business travel trends post-Labor Day," CEO Bob Jordan told analysts.
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