According to CNBC, Southwest Airlines lowered its 2026 adjusted earnings forecast to $2.60 to $2.85 a share from its July forecast of $3.25 to $4.25 a share, citing higher fuel prices. It became the third major U.S. airline this month to cut its 2026 profit outlook. For the third quarter, the airline reported adjusted earnings of 66 cents a share, topping the 58 cents expected, and adjusted revenue of $8.42 billion, versus $8.25 billion expected.