MARKET COMPOSITE
LUV - Southwest Airlines Co8:00:02 PM 4/19/2024
Price
$29.38
+ 0.32 (1.10%)
Southwest Airlines Co. is a major American airline headquartered in Dallas, Texas, and is the world's largest low-cost carrier. The airline was established on March 15, 1967 by Herb Kelleher as Air Southwest Co. and adopted its current name, Southwest Airlines Co., in 1971, when it began operating as an intrastate airline wholly within the state of Texas, first flying between Dallas, Houston and San Antonio. The airline has nearly 60,000 employees and operates about 4,000 departures a day during peak travel season.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue6.8B+5%
Operating Income-404MM-445%
Operating Expenses7.2B-
Net Income-252MM-231%
Compensation3.2B+16%
Amortization415MM+11%
Stock Chart

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Stock news

    Southwest Airlines (LUV) first-quarter 2024 revenues are expected to have benefited from growth in air-travel demand. Rising expenses are likely to have weighed on the bottom line.

    Confident new ads follow a year where the carrier was in recovery mode from a 2022 holiday meltdown that resulted in a record fine.

    Southwest Airlines Co. (NYSE: LUV) invites you to listen to a live webcast of its first quarter 2024 financial results. Details are as follows:

    Southwest Airlines Co. (NYSE: LUV) today unveils a new brand campaign, "The Big Flex," showcasing the carrier's flexible and Customer-friendly points of difference, including two bags fly free®1, no change or cancellation fees2, flight credits that don't expire3, and points that don't expire4. The campaign highlights what's most important to Southwest® Customers—choice and flexibility—delivered with the low fares and legendary Hospitality for which Southwest is famous.

    Southwest (LUV) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

    Alaska Air (ALK) delivered earnings and revenue surprises of 15.60% and 2.42%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

    Shares of United Airlines rose Wednesday morning, lifted by quarterly results reported last night that included earnings stronger than Wall Street expected. Other airline stocks climbed too. United's stock was recently up some 13%.

    U.S. Transportation Secretary Pete Buttigieg on Tuesday announced a partnership with state attorneys general to fast-track investigations into complaints against airlines and ticket agents as part of the Biden administration's efforts to enhance consumer protections. Currently, the authority to enforce passenger protections lies solely with the federal government. Under the partnership, Buttigieg said the states will investigate complaints against airlines and refer them to the U.S. Department...

    CHICAGO/MONTREAL (Reuters) -Southwest Airlines expects aircraft deliveries from Boeing this year to come in at only about half of the airline's estimate in March of 46, putting further pressure on the U.S. budget carrier's growth plans, three people familiar with the matter said. Boeing's overall deliveries fell by half in March as 737 MAX production slumped on increased quality checks and regulatory audits as it grapples with a safety crisis sparked by a January mid-air cabin panel blowout on ...

    Delta Air Lines (DAL) managed to move ahead of industry turbulence, posting better-than-expected first quarter profits. Delta CEO Ed Bastian told Yahoo Finance that the company has seen the 11 highest sales days in the airline's history this year alone. Raymond James Managing Director Savanthi Syth joins Market Domination for an airline industry check-in.  Syth says the Delta report shows strong results and that any negative stock action on Wednesday is the market's reaction to macro concerns re...