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Southwest Airlines saw "unusual" discounting by rivals in Nov. - CEO

2015-12-10 22:15:46| Airlines - Topix.net

The cheaper fares prompted the budget airline on Tuesday to lower its forecast for revenue per available seat mile in the fourth quarter to between flat and down a percent, from an earlier forecast of up 1 percent, compared to a year earlier, causing Southwest's stock to fall 9 percent.

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Category:Transportation and Logistics

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