The company reported net income of $261 million ($0.42 per diluted share) for Q4 2024 and $465 million ($0.76 per diluted share) for the full year. Net income excluding special items was $356 million for Q4 and $597 million for the full year.

1. 01

   The company reported net income of $261 million ($0.42 per diluted share) for Q4 2024 and $465 million ($0.76 per diluted share) for the full year. Net income excluding special items was $356 million for Q4 and $597 million for the full year.

2. 02

   The company said operating revenue for Q4 2024 was $6.9 billion, up 1.6% year over year, and RASM excluding special items rose 8.0%, above its previous guidance range. Full-year operating revenue was $27.5 billion.

3. 03

   The company expects RASM for Q1 2025 to rise 5% to 7% year over year, with CASM-X up 7% to 9%. It gave an operating margin excluding special items of 3% to 5% for 2025 and ASMs growth of 1% to 2% year over year for the year.

4. 04

   Southwest Airlines said its liquidity of $9.7 billion well exceeded its debt of $6.7 billion. It returned a total of $680 million to shareholders in 2024, comprising dividends of $430 million and share repurchases of $250 million, and announced an accelerated share repurchase program of $750 million.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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