Airline stocks are on watch after Southwest, American, and Alaska Air warn on softer demand trends

A Southwest Airlines airplane in flight

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Southwest Airlines (NYSE:LUV) joined airline sector peers in pulling back on issuing guidance after seeing weakening demand trends in Q1, particularly for domestic leisure travel.

Importantly, Southwest Airlines (NYSE:LUV) did not reiterate its 2025-2026 EBIT guidance from last month

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