Airline

Southwest Airlines forecasts $350 million EBIT boost from newly introduced bag fees

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Southwest Airlines forecasts $350 million EBIT boost from newly introduced bag fees

Southwest Airlines said that newly implemented checked bag fees are projected to generate more than $350 million in earnings before interest and tax (EBIT) during 2025.The Texas-based airline said it remains on track to achieve its $370 million cost savings target for 2025, driven primarily by staff...

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