Southwest Airlines Third Quarter 2025 Financial Results and Outlook

The provided text consists of excerpts from a Southwest Airlines press release detailing their third quarter 2025 financial results, highlighting a period of strong execution of transformational initiatives. The company reported record third quarter operating revenues of $6.9 billion and net income that exceeded expectations, with unit revenues and unit costs both performing better than anticipated. Key strategic moves mentioned include the launch of assigned and extra legroom seating for early 2026, reaffirming full-year 2025 EBIT guidance, and returning $439 million to shareholders. The document also provides detailed financial guidance and outlook for the fourth quarter and full year 2026, along with comparative consolidated operating statistics and a reconciliation of GAAP to non-GAAP financial measures.

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