Why Southwest Airlines Stock Lost Altitude in March
Southwest Airlines(LUV) The Motley Fool·2024-04-05 20:43Issues at Boeing are impacting the airline's growth plans.Southwest Airlines (LUV 1.32%) is famously a one-airplane airline -- a strategic choice that dovetails with the company's focus on efficiency and keeping things simple. But that one airplane, the Boeing 737, is currently caught in turbulence, and it's impacting Southwest's plans for growth.Shares of Southwest lost 14.8% in March, according to data provided by S&P Global Market Intelligence, after the company warned Wall Street that it was adjusting g ...