Why Southwest Airlines Stock Took Flight in December

It took a lot longer than many had expected, but Southwest Airlines (LUV 2.27%) in December finally reached a deal with the union representing its pilots. Investors cheered the development, sending shares of Southwest up 12.9% for the month, according to data provided by S&P Global Market Intelligence.The final deal gets done before year's endIt has been a turbulent few years for the airline industry. The pandemic all but destroyed demand for travel, but in the quarters since the vaccines were released, air ...