This complex process, through which airlines attempt to carefully balance the forces of supply and demand to capture the highest amount of revenue possible, is known as yield management.

An Israeli company says that airline revenue management systems, first developed in the 1950s, need an update from artificial intelligence. “When you go to a legacy world like airlines ...

Prominent U.S. airline Southwest Airlines ( LUV -1.23%) reported mixed fourth-quarter earnings on Thursday, Jan. 30. Adjusted EPS of $0.56 surpassed analyst consensus expectations of $0.46, showing a ...

Southwest Airlines warned on Thursday that costs will ... the first-quarter expectation will likely outpace unit revenue, he said. The carrier’s cost challenges echoed comments from rival ...