Southwest Airlines (LUV) said earlier this week it was projecting an improvement in its fourth-quarter operating revenue growth amid easing curbs and progressing vaccination campaigns.
The air carrier now forecasts a drop of 10% to 15% in its operating revenue compared with a prior forecast of a 15% to 25% decrease.
The shares of Southwest Airlines closed higher for the fourth time in the past ten trading sessions in New York on Wednesday. The stock edged up 0.13% ($0.06) to $45.27, after touching an intraday low at $44.56. The latter has been a price level not seen since December 3rd ($43.64).
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