Southwest Airlines Cuts 2025 Earnings Forecast to $500mn Amid Shutdown Impact
Southwest Airlines has lowered its 2025 earnings forecast following the recent federal government shutdown, which lasted over 40 days, making it the longest in U.S. history. The airline now expects earnings before interest and taxes (EBIT) of roughly $500 million, down from its prior forecast of $600 million to $800 million. The company attributed the…