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Southwest Airlines (LUV) Rides on Air Travel Demand, Costs Ail
Zacks Investment Research· 2024-02-21 20:01
Southwest Airlines Co.’s (LUV) top line is benefiting from continued recovery in air-travel demand (mainly on the leisure front). Continued recovery in air-travel demand (mainly on the leisure front) bodes well for Southwest Airlines. In the fourth quarter of 2023, air traffic, measured in revenue passenger miles, increased 13.7% year over year to 35.58 billion. Capacity or available seat miles (ASMs) climbed 21.4% year over year to 45.51 billion. Load factor (percentage of seats filled by passengers) came ...
SOUTHWEST AIRLINES RETURNS AS OFFICIAL AIRLINE OF LUCK REUNION AND ANNOUNCES ARTIST ON THE RISE FINALISTS
Prnewswire· 2024-02-19 18:00
Core Insights - Southwest Airlines continues its partnership with Luck Reunion, an exclusive music festival, emphasizing its commitment to supporting emerging artists and engaging with music fans [1][2] - The On The Rise to Luck program allows music fans to vote for their favorite emerging artists, with the winner performing at the festival [3] - A sweepstakes is being held for fans to win a VIP package to attend the festival, showcasing Southwest's promotional efforts [4] Company Initiatives - The On The Rise program received over 80 submissions from music acts, with finalists including Victoria Bigelow, Lou Hazel, and Jobi Riccio [3] - The sweepstakes offers a VIP package valued at approximately $3,800, including round trip air travel, festival tickets, hotel accommodations, and a gift card [4][6] - Southwest Airlines has been an official partner of Luck Reunion since 2017, creating unique experiences for festival attendees each year [5] Industry Context - Southwest Airlines operates one of the most admired airlines globally, known for its low-cost and reliable air travel, serving 121 airports across 11 countries [7][8] - The airline has maintained a record of no involuntary furloughs or layoffs, emphasizing its employee-first corporate culture [8] - In 2023, Southwest Airlines carried over 137 million customers, contributing to its 47 consecutive years of profitability [8]
SOUTHWEST AIRLINES CELEBRATES EXPANDED TECHNICAL OPERATIONS FACILITY IN PHOENIX
Prnewswire· 2024-02-16 20:56
"The Safety-first work to support a continuous renewal of our fleet benefits our entire network and the community," said Andrew Watterson, Chief Operating Officer at Southwest Airlines. "Investing in our Arizona-based People by equipping them with the latest tools, enhanced processes, and functional spaces is one of the most impactful investments we can make at Southwest Airlines and our future in Phoenix." The expanded hangar has also achieved Leadership in Energy and Environmental Design (LEED) Silver cer ...
SOUTHWEST AIRLINES CELEBRATES RECOGNITION ON FORTUNE WORLD'S MOST ADMIRED COMPANIES™ 2024 LIST
Prnewswire· 2024-02-13 15:00
DALLAS, Feb. 13, 2024  /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) proudly celebrates its recognition on Fortune World's Most Admired Companies™ 2024 list1. The carrier ranked No. 39 overall and has been consistently featured on the World's Most Admired Companies™ list since 2009. "From our very beginning in 1971, Southwest Airlines has been celebrated for the way we care for our People, Customers, and communities, and it's an honor to be among Fortune World's Most Admired Companies™ again this year, ...
SOUTHWEST AIRLINES EXTENDS FLIGHT SCHEDULE THROUGH EARLY NOVEMBER
Prnewswire· 2024-02-08 16:00
Southwest flight schedule now available for booking through Nov. 2, 2024 Seasonal service added between Nashville and Richmond, Va., and between Memphis, Tenn., and Las Vegas More international and seasonal flights return for fall vacations! DALLAS, Feb. 8, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today announced more seasonal service this fall as it extends its flight schedule through Nov. 2, 2024. Flights are available for booking at Southwest.com. More Heart Takes Off from TennesseeSout ...
Southwest Airlines(LUV) - 2023 Q4 - Annual Report
2024-02-05 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File No. 1-7259 SOUTHWEST AIRLINES CO. (Exact name of registrant as specified in its charter) (IRSEmployer IdentificationNo.) 75235 ...
SOUTHWEST AIRLINES PLANS CUSTOMER EXPERIENCE ENHANCEMENTS AND MODERNIZATION OF BRAND ELEMENTS WITH A REDESIGNED CABIN, NEW SEATS, AND A UNIFORM REFRESH
Prnewswire· 2024-02-02 15:00
Redesigned aircraft cabin interior featuring RECARO aircraft seats to debut in early 2025 Existing Boeing 737 MAX 8 and -800s to include onboard power ports and larger overhead bins Uniform refresh process underway to bring newly-designed apparel to Employees DALLAS, Feb. 2, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) is onboarding a new look and feel with plans for redesigned aircraft cabin conveniences and interiors that are distinctly Southwest® and will feature new aircraft seats from RECA ...
Southwest Airlines (LUV) to Add More Routes to Las Vegas
Zacks Investment Research· 2024-01-31 18:16
Southwest Airlines Co. (LUV) announced adding more routes from Kansas City and San Francisco for spectators to travel to the biggest football game of 2024 in Las Vegas.Commencing from Feb 8, LUV will offer flights from Kansas City, San Francisco, Oakland and San Jose to Las Vegas. The schedule will repeat on Feb 9 and Feb 10 as well. Feb 12 and Feb 13 have been scheduled for the return journey from Las Vegas to the respective places (Kansas City, San Francisco, Oakland and San Jose).The addition of such tem ...
SOUTHWEST AIRLINES DECLARES 180th QUARTERLY DIVIDEND
Prnewswire· 2024-01-31 17:15
DALLAS, Jan. 31, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) Board of Directors declared a quarterly cash dividend of $.18 per share to Shareholders of record at the close of business on March 6, 2024, on all shares then issued and outstanding. The quarterly dividend will be paid on March 27, 2024.  SW-DSR SOURCE Southwest Airlines Co. ...
SOUTHWEST AIRLINES ADDS MORE FLIGHTS FOR THE BIG GAME IN LAS VEGAS
Prnewswire· 2024-01-29 03:46
Las Vegas' largest airline adds more flights and itineraries from Kansas City and San Francisco for fans to travel to the biggest football game of the year! DALLAS, Jan. 28, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) is gearing up for the Big Game weekend in Las Vegas with more flights for football fans in Kansas City and San Francisco. On Thursday, Feb. 8, 2024, Southwest® will offer the following service: From Kansas City to Las Vegas: 4 nonstop flights and 14 different itineraries. From San ...