Southwest updates its guidance, increases MAX order

In updated guidance, Southwest Airlines has confirmed that May 2021 operating revenues performed in line with its expectations, at the better end of its guidance range, and represented a sequential increase compared with April 2021, driven primarily by improvements in leisure passenger traffic and fares. Southwest states that it continues to expect another sequential improvement in operating revenues in June 2021 compared with May 2021, also driven primarily by expected improvements in leisure passenger traffic and fares, with June 2021 operating revenues now expected to be at the better end of its previous guidance range. Based on current bookings, Southwest