Southwest Airlines Co. LUV on Wednesday said it now expects fourth-quarter available seat miles to increase by about 21%, compared to its earlier view of no change. Its outlook for fourth-quarter revenue seat miles improved to a drop of up to 10% from its earlier view of down as much as 11%, as “travel demand and yields continue to be healthy.” The carrier said leisure demand “remains strong” on the heels of Thanksgiving holiday revenue. “Close-in bookings, including managed business...

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