BRIEF-Southwest CEO Says March Business Revenue Up 25% YoY, That Trend Has Sustained Itself In April And May- Bernstein Conf.

United Airlines Holdings
JetBlue Airways Corporation
Southwest Airlines Co.
American Airlines Group Inc.
Delta Air Lines, Inc.

United Airlines Holdings

UAL

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JetBlue Airways Corporation

JBLU

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Southwest Airlines Co.

LUV

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American Airlines Group Inc.

AAL

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Delta Air Lines, Inc.

DAL

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- Southwest Airlines Co LUV.N:

  • SOUTHWEST CEO: MARCH BUSINESS REVENUE UP 25% YOY, THAT TREND HAS SUSTAINED ITSELF IN APRIL AND MAY- BERNSTEIN CONF.

  • SOUTHWEST CEO: THE INDUSTRY, INCLUDING SOUTHWEST HAS HAD 7 CONSECUTIVE FARE INCREASES SINCE FEBRUARY

  • SOUTHWEST CEO: THERE'S BEEN NO DROP OFF IN DEMAND AT ALL DESPITE FARE INCREASES

  • SOUTHWEST CEO: THERE IS NO INDICATION THAT THE CONSUMER IS ELASTIC IN THIS FARE ENVIRONMENT

  • SOUTHWEST CEO: THE CONSUMER REMAINS VERY STRONG DESPITE THIS RISE IN FARES

  • SOUTHWEST CEO: BECOMING INCREASINGLY BULLISH THAT WE WILL BE ABLE TO COVER THESE FUEL INCREASES WITH REVENUE INCREASES

  • SOUTHWEST CEO: CO COULD ADD MORE CABIN OPTIONS, INCLUDING 'TRUE FIRST CLASS'

  • SOUTHWEST CEO: AIRLINE IS LIKELY TO DELVE INTO LONG-HAUL INTERNATIONAL OVER TIME

  • SOUTHWEST CEO: CO DOES NOT HAVE TO BECOME DELTA, UNITED OR AMERICAN ON LONG-HAUL INTERNATIONAL

  • SOUTHWEST CEO: HANDFUL OF LONG-HAUL DESTINATIONS COULD MAKE CO HIGHLY RELEVANT TO ITS CUSTOMERS

  • SOUTHWEST CEO: CO WANTS TO GIVE CUSTOMERS FEWER REASONS TO BOOK ANOTHER CARRIER

  • SOUTHWEST CEO: CURRENT ENVIRONMENT FEELS RIPE FOR AIRLINE CONSOLIDATION

  • SOUTHWEST CEO: THERE IS NOTHING SOUTHWEST IS WORKING ON IN MA

  • SOUTHWEST CEO: ON JETBLUE, DOES NOT NECESSARILY SEE A LOT OF INTEREST GIVEN ITS DEBT LOAD

  • SOUTHWEST CEO: WOULD BE OPEN TO MA THAT MAKES SENSE FOR COMPANY, SHAREHOLDERS

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