Southwest posts record revenue after overhauling its entire business model, American Airlines hits record revenue too but keeps cutting its profit forecast, and the timeshare industry is consolidating for a reason most travelers would never guess.

On today's Skift Daily Briefing, Sarah Dandashy breaks down why the new Southwest might actually be stronger than the one it replaced, why American's record revenue quarter still comes with a cautious outlook, and why timeshares are really a lending business in disguise — and why that's driving consolidation.

Articles Referenced:
Honorable Mention: @AskAConcierge on IG
Southwest's New Fees and Fare Hikes Offset $899 Million Fuel Bill
American Says It Offset 50% of Fuel Expenses With Higher Fares
Behind Travel + Leisure's $343 Million Bet and Why More Timeshare Deals Are Coming

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