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.
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.
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.
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.