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Southwest Airlines stock dips after airline cuts quarterly revenue forecast
Proactiveinvestors NA· 2024-06-26 14:12
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Southwest Airlines cuts revenue forecast
CNBC· 2024-06-26 11:39
Southwest Airlines shares fell roughly 4% in premarket trading on Wednesday after the carrier cut its second-quarter revenue forecast, citing changing booking patterns.Southwest expects revenue per available seat mile, the amount the airline brings in for every seat it flies one mile, will fall between 4% and 4.5% in the second quarter over last year, after previously estimating a 1.5% to 3.5% decline.It also said its unit expenses, excluding fuel, would be up as much as 7.5% over the year earlier period, a ...
IT'S THE SUMMER OF GO! SOUTHWEST AIRLINES HIGHLIGHTS LEISURE TRAVEL DESTINATIONS AND OFFERS CUSTOMERS THE CHANCE TO WIN WEEKLY GETAWAY PRIZE PACKAGES
Prnewswire· 2024-06-25 14:00
Airline launches 10-week sweepstakes in partnership with local Chambers of Commerce and Convention and Visitors BureausDALLAS, June 25, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today launches the Summer of Go sweepstakes, which offers Customers weekly chances to win 1 of 10 destination prize packages to attractive leisure destinations. Beginning today, Customers can visit Southwest.fm/SummerofGo to learn more and enter for a chance to win.  "Our robust route map includes destinations from coa ...
A Southwest flight dropped to just 525 feet above an Oklahoma town, prompting an altitude warning and FAA investigation
Business Insider· 2024-06-22 01:40
A Southwest Airlines flight dropped to just 525 feet above the ground on Wednesday.The incident prompted an altitude warning and an FAA investigation.A Southwest flight dropped dangerously low off the coast of Hawaii in April.  Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up”, you acce ...
Southwest Airlines Faces a Shake-Up
The Motley Fool· 2024-06-20 15:09
We also talk about -- what else? -- tall buildings. Really, really tall buildings.In this podcast, Motley Fool analyst Asit Sharma and host Dylan Lewis discuss:Why Elliot Management is looking to shake up leadership at Southwest after taking a 10%+ stake in the airline.Nvidia's stock split, and why this one may matter more than most.The new names in the S&P 500 -- CrowdStrike, KKR, and GoDaddy -- and what they say about the state of the market.Are the world's tallest buildings ego projects or promising inve ...
Southwest is under pressure to make big changes to its planes, flights, and bag rules: Here's what they could all look like
Business Insider· 2024-06-18 19:43
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewActivist firm Elliott Investment Management has taken a $1.9 billion stake in Southwest Airlines and has pr ...
SOUTHWEST AIRLINES CELEBRATES BIRTHDAY WITH FARES AS LOW AS $53 ONE-WAY
Prnewswire· 2024-06-18 15:30
DALLAS, June 18, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) continues its birthday celebration with a sale on flights starting as low as $53 one-way in honor of the carrier turning 53. Starting today through June 20, 2024, Customers can book these fares for their next getaway for continental U.S. travel between August 6 and December 18, 2024, and Hawaii, international, and San Juan, Puerto Rico travel between August 20 and November 20, 2024. Restrictions, exclusions, and blackout dates apply. S ...
FAA investigates after Southwest plane drops to ‘within 400ft' of Pacific Ocean
The Guardian· 2024-06-16 16:54
The Federal Aviation Administration is investigating after a Southwest Airlines flight reportedly plunged to “within 400ft” of the Pacific Ocean during a flight.A memo distributed to Southwest pilots, obtained by Bloomberg, said that the Boeing 737 Max 8 plunged at a rate of 4,000ft a minute off the coast of Hawaii, coming within hundreds of feet of the ocean before climbing to safety.News of the incident comes as investigators said a Southwest-operated Boeing 737 Max 8 sustained significant damage after it ...
Artisan Partners Global Value Team Sends Letter to the Board of Southwest Airlines
Newsfilter· 2024-06-12 17:43
MILWAUKEE, June 12, 2024 (GLOBE NEWSWIRE) -- The Artisan Partners Global Value Team today sent a letter to the Board of Directors of Southwest Airlines Co. (NYSE:LUV). The full text of the letter is as follows: June 12, 2024 The Board of Directors Southwest Airlines Co. 2702 Love Field Drive Dallas, TX 75235-1611 Dear Members of the Board: We are writing to you on behalf of the Global Value investment team at Artisan Partners Limited Partnership. Currently, our discretionary investment management clients co ...
Southwest Airlines CEO rejects calls to resign: ‘We have a great plan and will execute'
New York Post· 2024-06-12 16:26
Southwest Airlines CEO Bob Jordan said Wednesday he will not resign as the air carrier faces pressure from activist investor Elliott Investment Management..“We want to understand what their ideas are, they may have great ideas,” Jordan told reporters in Washington after an event. “At the end of the day, we are going to treat Elliott like any other investor. We’ll sit down and listen to them…. Southwest is a great company. We have a great plan and will execute.”Elliott on Monday called for leadership and boa ...