Southwest Airlines Co. (LUV)

The company now

A prospectus supplement dated 26 October 2026 set the terms of a $1.25 billion sale of notes, $600 million due 2029 at 5.750 percent and $650 million due 2031 at 6.000 percent 3. The company expects to use the proceeds for general corporate purposes, including repaying $300 million of 3.000 percent notes due 15 November 2026 3.

The borrowing follows third-quarter 2026 results released on 21 October 2026: operating revenue of $8.4 billion, up 21.2 percent and a third-quarter record, and net income of $270 million, or $0.55 a share 1. The company credits strong demand for its enhanced product, which now includes assigned seats and bag fees 12.

Fuel was the drag 1. The third-quarter fuel bill rose $821 million from a year earlier, at $3.92 a gallon against an assumed $3.70 to $3.75 1. For the fourth quarter the company guides to adjusted earnings of $0.55 to $0.80 a share, and for 2026 to $2.60 to $2.85 1.

Chief executive Bob Jordan said the company plans to share a multi-year financial framework at a Capital Markets Day in New York City on 2 March 2027 1. Open questions are fuel, assumed near $4.55 a gallon for the fourth quarter, and the first delivery of the Boeing 737-7 52.

As of Oct 30, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.