Southwest Airlines has stated that, based on current booking and revenue trends, the carrier continues to expect its first quarter 2016 operating revenue per ASM (RASM) to be in line with first quarter 2015. Based on current cost trends and excluding fuel and oil expense, special items, and profitsharing expense, the company expects its first quarter 2016 unit costs to increase in the one to two percent range, and its annual 2016 unit costs to increase approximately one percent, as compared with the same periods last year. This unit cost guidance includes the impact of the recently ratified collective bargaining

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