|Bid||1,017.00 x 100|
|Ask||1,105.00 x 100|
|Day's Range||1,042.00 - 1,063.50|
|52 Week Range||900.00 - 1,311.00|
|PE Ratio (TTM)||172.19|
|Forward Dividend & Yield||13.00 (1.20%)|
|1y Target Est||N/A|
JetBlue founder David Neeleman is raising capital for a startup called Moxy Airways that will fly CS300 jets between secondary airports. But this new airline may struggle to carve out a profitable niche in the U.S. airline industry.
Southwest (LUV) runs into yet another difficulty amid passengers' doubting its safety measures and suing the carrier on the same.
Federal aviation regulators are conducting a new and expanded type of safety review—covering an array of current jetliner engines—as a result of a fatal Southwest Airlines Co. accident two months ago. Airborne breakups of such ancillary parts typically haven’t been considered in safety analyses or mandatory certification standards for modern jet engines. “The concept that we may have an issue where a fan blade disintegrates the cowling” has prompted the studies, according to Mr. Elwell.
In the aftermath of the fatal Flight 1380, a lawsuit and federal audit are in the offing for the low-fare behemoth that has its largest hub at Chicago's Midway Airport.
Eight passengers have sued Southwest Airlines Co (LUV.N) over a catastrophic engine blowout in April that killed a passenger and injured several others. The plaintiffs, eight passengers from Flight 1380 on April 17 and one passenger's husband, filed suit on Tuesday in the Supreme Court of the State of New York County of New York. Passengers Cindy Candy Arenas, Jaky Alyssa Arena, Jiny Alexa Arenas, Elhadji Cisse, Donald Kirkland, Beverly Kirkland, Connor Brown, and Cassandra Adams, and Cindy Arenas' husband, Joe Leos Arenas, allege that Southwest acted negligently in its responsibilities to maintain and repair its aircraft and aircraft components.
Eight passengers have sued Southwest Airlines Co over a catastrophic engine blowout in April that killed a passenger and injured several others. The plaintiffs, eight passengers from Flight 1380 on April 17 and one passenger's husband, filed suit on Tuesday in the Supreme Court of the State of New York County of New York. Passengers Cindy Candy Arenas, Jaky Alyssa Arena, Jiny Alexa Arenas, Elhadji Cisse, Donald Kirkland, Beverly Kirkland, Connor Brown, and Cassandra Adams, and Cindy Arenas' husband, Joe Leos Arenas, allege that Southwest acted negligently in its responsibilities to maintain and repair its aircraft and aircraft components.
As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health toRead More...
The U.S. Transportation Department's inspector general is auditing the Federal Aviation Administration's oversight of Southwest Airlines Co after a midair incident in which an engine exploded and one person was killed. The inspector general said "our objective is to assess FAA’s oversight of Southwest Airlines’ systems for managing risk." The office will write a report after it completes the review and may make recommendations. A Southwest Boeing 737 engine failed in midair on April 17 after it lost a fan blade, killing one passenger.
In part because of the fatal Southwest flight in April, the Department of Transportation’s inspector general is opening up an audit of how the Federal Aviation Administration oversaw Southwest's systems for managing risks, it announced Wednesday.
The Transportation Department’s inspector general is examining whether federal aviation inspectors have done enough to ensure safety in policing operations of Southwest Airlines Co. Scrutiny of the Federal Aviation Administration’s oversight office in the Dallas area, responsible for supervising the carrier with the largest number of domestic passengers, was disclosed Wednesday in a one-paragraph statement devoid of details. Some of the issues auditors are delving into, according to one of these people, include allegations that certain FAA supervisors have disregarded various inspector complaints and failed to aggressively carry out enforcement actions after they were drafted.
Mick Mulvaney, director of the Consumer Financial Protection Bureau, said on Wednesday that he thinks that even though it's expensive, it's fair that the U.S. pursues its current zero tolerance immigration policy, in which children are separated from their parents and sometimes flown thousands of miles away. Speaking at the CB Insights Future of Fintech Conference in New York, Mulvaney explained that those who attempt to immigrate to the U.S. legally are not being separated from their families. Mulvaney made the argument that if he were arrested for drunk driving and thrown in jail for a night, his children would not be permitted to stay the night with him in his cell.
U.S. carriers issued a swift rebuke of the Trump administration's "zero tolerance" immigration policy that separates children from their family before the president reversed course and signed an executive order to end the practice that elicited strong bipartisan criticism. "The family separation process that has been widely publicized is not at all aligned with the values of American Airlines -- we bring families together, not apart," the Fort Worth, Texas-based company said in a statement. "We have therefore requested the federal government to immediately refrain from using American for the purpose of transporting children who have been separated from their families due to the current immigration policy.
American Airlines subsidiary PSA Airlines has canceled more than 1,000 regional flights since last Thursday, after a hardware issue took its crew scheduling system offline.
As activity increases at Raleigh-Durham International Airport, so do tarmac delays. In April 1998, 2,241 flights arrived and departed RDU. The 3 carriers with the lowest on-time arrival rates nationwide in April JetBlue Airways: 67.6 percent Frontier Airlines: 76.4 percent Southwest Airlines: 77.7 percent The 3 carriers with the highest on-time arrival rates nationwide in April Hawaiian Airlines: 87.7 percent Delta Air Lines: 86.4 percent Mesa Airlines: 85.1 percent Source: USDOT While outside variables – such as delays at other airports and those prompted by weather – are out of RDU’s control, the airport has made several moves to make trips through RDU smoother in the coming years, such as plans for additional security lines and gates to accommodate additional flights. RDU is slightly lower than the nationwide carrier average on-time rate of 81.3 percent.
As United works to improve operating margins, ultra-low-fare carriers are showing the rest of U.S.-based airlines how it's done.
The airline agreed to pay $45 million to settle an antitrust lawsuit that accused the four largest airlines of colluding to limit capacity in order to raise prices. Delta and United are still involved in the suit.
Building up an investment case requires looking at a stock holistically. Today I’ve chosen to put the spotlight on Southwest Airlines Co (NYSE:LUV) due to its excellent fundamentals in moreRead More...
The world’s most prolific – and, arguably, successful – founder of pleasantly unconventional airlines is returning home from Brazil to launch his third U.S- and fourth North American-based airline. Serial airline entrepreneur David Neeleman walked away – or, depending on whose account of the story you believe, was pushed out – of JetBlue, the most famous and successful of the airlines he has started, back in 2008. Now Neeleman is seeking $100 million in investment money to launch yet another new carrier, according to media reports.
Southwest is returning to its familiar policy of promoting a customer-centric philosophy in wake of carrier's first-ever fatal accident.
NEW YORK (AP) — American Airlines has agreed to pay $45 million to settle a lawsuit that says it and other major U.S. airlines colluded to drive up the price of airfares.
Argus Capital Markets analyst John Staszak on Friday downgraded Southwest Airlines Co (NYSE: LUV ) from Buy to Hold. The Thesis The analyst believes Southwest is well-managed and financially strong, but ...
Alaska Air is out today with its May data: It saw a 7.4% traffic increase on an 8.8% increase in capacity, year over year. Argus analyst John Staszak lowered his rating on Southwest to Hold, writing that while he still views it as a well-managed, financially strong company, he expects the domestic market—the airline's focus—will grow more slowly than the international market.
To help celebrate, the carrier launched an ad today showcasing the award which will run next week in Southwest's sports sponsorship markets such as Oakland, Boston, Baltimore/Washington, Chicago (Midway), Fort Lauderdale-Hollywood/Miami and other cities across the United States. "We've hung our hat on Customer satisfaction for 47 years, and we're world famous for the Hospitality we offer our Customers every year," said Gary Kelly, Chairman of the Board and Chief Executive Officer, Southwest Airlines. "Being recognized as both low cost and high care by J.D. Power further validates why Southwest stands above the competition.