Southwest Airlines Company · NYSE:LUV
Southwest Airlines — J.P. Morgan Industrials Conference 2024
6 slides from Southwest Airlines's conference presentation, Mar 12, 2024
Slide 1: J.P. Morgan Industrials Conference
J.P. Morgan Industrials Conference Bob Jordan, President & CEO March 12, 2024
Slide 2: 2023 | Year of progress
Page 2 2023 | Year of progress We made significant progress in 2023 and ended the year a stronger Company Top 2023 achievements Completed Winter Operations Preparedness Plan1. New Customer Experience capabilities2. Full fleet utilization3. Restored route network 4. Improved operational performance /
Slide 3: Cautionary Statement Regarding Forward-Looking Statements
Page 3 Cautionary Statement Regarding Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based
Slide 4: First quarter 2024 guidance update
Page 4 Previous estimation1Q 2024Guidance metric Up ~10%Up ~11%Available seat miles (ASMs, or capacity) (year-over-year) Up 2.5% to 4.5%Flat to up 2%Unit revenues (RASM1) (year-over-year) $2.70 to $2.80$2.95 to $3.00Economic fuel costs per gallon2 No change$0.08Fuel hedging premium expense per gallo
Slide 5: We remain committed to our financial goals
Page 5 We remain committed to our financial goals While we are adjusting to current conditions, we remain focused on initiatives that support our commitment to drive margin expansion and ROIC performance Top five priorities Operational Reliability & recovery1. Bolster capabilities to mitigate operat
Slide 6: Questions?
Page 6 Questions?
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