Southwest CEO forecasts 30% drop in business travel revenue for Apr-2022, from 2019 levels

29 April, 2022

Southwest Airlines CEO Bob Jordan stated (28-Apr-2022) the carrier is experiencing strong leisure travel bookings for spring and summer 2022, as well as improved business travel revenue, across its network. Mr Jordan added Southwest expects Apr-2022 business travel revenue to be down 30% from Apr-2019 levels, with continued sequential improvement through May/Jun-2022. The carrier's published schedules for 2Q2022 include additional short haul frequencies in business markets to support the anticipated increase and are expected to result in a 5% reduction in average stage length quarter-to-quarter. [more - original PR]