Skift Take

Southwest’s more positive outlook comes as it seeks more ways to boost its profitability and fend off an activist investor.

Southwest Airlines raised its revenue guidance for the third quarter as it plans to announce more changes during its investor day on Thursday. 

The carrier expects its revenue per available seat mile to increase between 2% and 3%, up from previous estimates. Southwest attributed part of the increase to a bump in bookings following the CrowdStrike outage and