Brief: Southwest CEO Says March Business Revenue Up 25% YoY, That Trend Has Sustained Itself In April And May- Bernstein Conf.
BRIEF-Southwest CEO Says March Business Revenue Up 25% YoY, That Trend Has Sustained Itself In April And May- Bernstein Conf. May 28 (Reuters) - Southwest Airlines Co LUV.N:
SOUTHWEST CEO: MARCH BUSINESS REVENUE UP 25% YOY, THAT TREND HAS SUSTAINED ITSELF IN APRIL AND MAY- BERNSTEIN CONF.
SOUTHWEST CEO: THE INDUSTRY, INCLUDING SOUTHWEST HAS HAD 7 CONSECUTIVE FARE INCREASES SINCE FEBRUARY
SOUTHWEST CEO: THERE'S BEEN NO DROP OFF IN DEMAND AT ALL DESPITE FARE INCREASES
SOUTHWEST CEO: THERE IS NO INDICATION THAT THE CONSUMER IS ELASTIC IN THIS FARE ENVIRONMENT
SOUTHWEST CEO: THE CONSUMER REMAINS VERY STRONG DESPITE THIS RISE IN FARES
SOUTHWEST CEO: BECOMING INCREASINGLY BULLISH THAT WE WILL BE ABLE TO COVER THESE FUEL INCREASES WITH REVENUE INCREASES
SOUTHWEST CEO: CO COULD ADD MORE CABIN OPTIONS, INCLUDING 'TRUE FIRST CLASS'
SOUTHWEST CEO: AIRLINE IS LIKELY TO DELVE INTO LONG-HAUL INTERNATIONAL OVER TIME
SOUTHWEST CEO: CO DOES NOT HAVE TO BECOME DELTA, UNITED OR AMERICAN ON LONG-HAUL INTERNATIONAL
SOUTHWEST CEO: HANDFUL OF LONG-HAUL DESTINATIONS COULD MAKE CO HIGHLY RELEVANT TO ITS CUSTOMERS
SOUTHWEST CEO: CO WANTS TO GIVE CUSTOMERS FEWER REASONS TO BOOK ANOTHER CARRIER
SOUTHWEST CEO: CURRENT ENVIRONMENT FEELS RIPE FOR AIRLINE CONSOLIDATION
SOUTHWEST CEO: THERE IS NOTHING SOUTHWEST IS WORKING ON IN MA
SOUTHWEST CEO: ON JETBLUE, DOES NOT NECESSARILY SEE A LOT OF INTEREST GIVEN ITS DEBT LOAD
SOUTHWEST CEO: WOULD BE OPEN TO MA THAT MAKES SENSE FOR COMPANY, SHAREHOLDERS
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