Tag: LUV Stock

On Monday, Southwest Airlines said that it will accelerate inspections of 38 remaining second-hand jets. The company bought the jets from foreign carriers.

Australia’s Qantas Airways has completed the inspection of its 33 Boeing 737NG (Next Generation) planes and has grounded three of them.

Bernstein analyst David Vernon cut his rating on Southwest stock to “market perform” from “outperform.” However, he raised the target price to $61 from $58.

Boeing (BA) CEO Dennis Muilenberg is visiting Capitol Hill today to testify before the US Senate Committee on Commerce, Science, and Transportation.

Southwest Airlines (LUV) stock soared 2% today after the company reported better-than-expected Q3 earnings results.

A prominent Wall Street analyst believes that Southwest Airlines (LUV) could look for strategic solutions to its 737 MAX problems, including acquisition.

Reduced capacity and increased costs due to the 737 MAX's prolonged grounding could negatively impact Southwest Airlines’ Q3 earnings, due on October 24.

JPMorgan Chase analyst Jamie Baker revealed on October 10 that Southwest Airlines had excluded Hawaiian flights from the recent fare hike across its network.

On October 8, Southwest Airlines Pilot Association, also known as SWAPA, announced that it was suing Boeing for loss of income and breach of trust.

On Monday, Southwest Airlines’ (LUV) pilot union warned that the airline might not resume Boeing (BA) 737 MAX services in January 2020.