What's Behind The 10% Fall In Southwest Airlines Stock?
Southwest Airlines’ revenue grew from $15.8 billion in 2021 to just $26.1 billion in 2023, driven by a recovery in travel demand post pandemic. Southwest Airlines’ revenue passenger miles (RPM) grew 32% between 2021 and 2023, while passenger revenue per available seat mile (PRASM) also grew 30% over this period.