A Southwest Airlines plane takes off from Hollywood Burbank Airport in Burbank, California, July 25, 2024.
Mario Tama | Getty Images
Southwest Airlines and American Airlines raised their fourth-quarter forecasts on Thursday, citing strong demand and higher fares, sending shares in the carriers higher.
Southwest said in a securities filing that fourth-quarter unit revenue will likely rise between 5.5% and 7% from last year, up from a previous forecast of an increase of no more than 5.5%. The…
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