Southwest AirlinesThe forecaster reiterated the outlook for 2022 profit and second-quarter profits due to bookings and fares exceeding increases in airport, labor and fuel costs.

Dallas-based Airline expects second-quarter revenue growth to be between 8 and 12 percent over $5.9B in 2019, even though they plan to fly less than 7% compared to three years ago.

Premarket trading saw Southwest shares rise by more than 33%

The profit forecast is a constant reminder outlooksFrom United Airlines, Delta Air LinesAnd American Airlines earlierThis monthThis is a sign of strong consumer demand for travel and willingness to pay. pay up for seatsThe despite sharpest spikeConsumer prices have increased since the 1980s.

Southwest maintained its plans for 2019 to fly 4.4% less. The airlines have shown progress in pandemic recovery by comparing 2019 with their results.

As a result of staff shortages, airlines have had to reduce their capacity. This has led to flight delays and cancellations. JetBlue AirwaysOn Tuesday,, for instance, announced that it would reduce its 2022 growth plan by up to 5% from the previous plan. This sent shares plummeting.

Southwest posted a loss of $278 million in its first quarter. That’s down from the $116million profit it made a year prior. It had generated $4.7billion in revenue, but that was due to an increase in omicron infections.