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What was Southwest's Revenue, and How Has It Grown QoQ?
Revenue Growth Q1
Revenue for the company continued to grow on the back of increased passenger flow. But with lower capacity expansion and issues stemming from the grounding of the 737 Max fleet (34 total aircrafts), revenue grew at a slower pace.
What was Southwests Unit Revenue's? What was its Load Factor? What were its unit Costs?
-Revenue Per Average Seat Mile continued to fall as capacity utilization remained tepid on the back of flight cancellations stemming from aircraft issues.
-Costs Per Average Seat Mile increased, as operational costs stemming from low utilization affected operational efficiency.
What was Southwest's Operating Income, and Net Income, and What Was the Main Factor Affecting Operating Income?
Fuel Price Per Gallon
Wages continued to increase, while cost of fuel did decrease taking some of the pressure off the bottom line.
What was Southwests Pre-Tax Margin, and Tax Rate?