Southwest cuts 2026 profit forecast on higher fuel costs

· Politics · United States

Southwest Airlines cut its 2026 profit forecast on higher fuel prices, becoming the third major US airline this month to do so. The carrier joins peers in warning that rising jet fuel costs are squeezing margins despite steady travel demand. The cuts come as global diesel and refined-product prices stay elevated, with Middle East tensions and refinery disruptions adding to fuel-market pressure.

Why it matters：Airlines cutting guidance signals that higher energy costs are feeding through to transport and travel, with knock-on effects for the wider economy.

Key points

  • Southwest is the third major US airline to cut guidance this month.
  • Higher fuel prices drove the revision.
  • The cut covers its 2026 profit forecast.

Sources (original reporting)

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