52.57 0.00 (0.00%)
After hours: 5:01PM EDT
|Bid||52.52 x 800|
|Ask||52.65 x 1100|
|Day's Range||52.52 - 53.52|
|52 Week Range||44.28 - 64.02|
|Beta (3Y Monthly)||1.77|
|PE Ratio (TTM)||12.46|
|Earnings Date||Jul 25, 2019|
|Forward Dividend & Yield||0.64 (1.18%)|
|1y Target Est||59.53|
Popular booking sites like Booking.com are reportedly moving to charge commissions on top of resort fees, making overall stays more expensive for the average consumer. Yahoo Finance's Zack Guzman & Sibile Marcellus, along with Digiday Platform Reporter Kerry Flynn discuss with The Points Guy Brian Kelly.
European regulators made strict demands on the Boeing 737 Max as the FAA meets with other aviation authorities to discuss when the plane can fly again.
Southwest Airlines’ Mechanics Approve New Labor Contract(Continued from Prior Part)Mixed opinionAnalysts have differing views about Southwest Airlines (LUV) stock. However, the consensus recommendation on the stock remains a “buy” according to
Southwest Airlines’ Mechanics Approve New Labor ContractBitter tussle endsAfter six long years of bitter tussle, Southwest Airlines (LUV) finally made peace with its mechanics. On May 21, the company announced that its mechanics and related
The airline industry is gearing up for record high number of passengers this summer, driven by low airfare, decent job addition, uptick in household net worth and a robust U.S. economy.
The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - The union representing about 2,500 Southwest Airlines ...
DALLAS, May 21, 2019 /PRNewswire/ -- Southwest Airlines Co. (LUV) today announced the Company's Mechanics and Related Employees, represented by the Aircraft Mechanics Fraternal Association (AMFA), have voted to ratify a new tentative agreement. "Our Mechanics will receive well-deserved pay increases, and the Company will realize additional flexibilities necessary to compete in today's airline industry," said Vice President of Labor Relations Russell McCrady. In its 48th year of service, Dallas-based Southwest Airlines Co. (LUV) continues to differentiate itself from other air carriers with exemplary Customer Service delivered by more than 59,000 Employees to a Customer base topping 120 million passengers annually.
Southwest Airlines Co's mechanics union said on Tuesday its members had overwhelmingly voted to ratify a tentative contract agreement with the airline, ending seven years of labor negotiations fraught with legal disputes and flight disruptions. The agreement, which brought to a close one of the most disruptive labor disputes to hit a top-four U.S. airline in more than a decade, came a day after rival U.S. carrier American Airlines Group Inc said it was filing a labor-related lawsuit against its mechanics. Mechanics at both American and Southwest have complained that the airlines are moving to outsource maintenance work that has traditionally been done in-house.
After six years of bargaining that included 3:00 a.m. negotiating sessions, lawsuits, countersuits and intervention from the Federal Aviation Administration, Southwest mechanics finally have a new contract. The Aircraft Mechanics Fraternal Association posted results that showed an agreement with Southwest Airlines Co. (NYSE: LUV) was approved with 94.6 percent of mechanics voting to ratify the deal. Over 93.6 percent of the company's aircraft maintenance technicians voted, the AMFA said.
American Airlines accused the unions that represent its mechanics of deliberately affecting operations as contract negotiations between the two sides drag on.
Southwest Airlines Co's mechanics union said on Tuesday it had voted to ratify a tentative contract agreement with the company, ending seven years of labor negotiations. In a statement on its website, ...
One of the main ways airlines differentiate themselves is bag fees. While the most typical offering includes maybe a free carry-on and $30 for a checked bag, there are still some major outliers in the marketplace.
Southwest Airlines Co NYSE:LUVView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for LUV with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting LUV. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding LUV totaled $11.70 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. LUV credit default swap spreads are near their highest levels of the last 3 years, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
U.S. airlines will fly a record 257.4 million passengers between June 1 and Aug. 31, a trade group estimates. Airlines are scrambling to keep up with demand as Boeing 737 Max planes remain grounded. U.S. airlines will fly a record 257.4 million passengers between June 1 and the end of August, a 3.4% increase from the previous year, Airlines for America forecast Tuesday.
U.S. summer air travel will hit a new record this year despite the grounding of Boeing's 737 MAX aircraft after two fatal crashes, a group representing major airlines said on Tuesday. Airlines for America, the trade group representing major U.S. carriers, said it expects 257.4 million passengers to travel on U.S. airlines between June 1 and Aug. 31, up 3.4 percent from last summer’s record 248.8 million passengers. Airlines are adding 111,000 seats daily to accommodate the extra 93,000 passengers expected per day, the group said, in what it forecast will be the 10th consecutive summer of increases in the number of U.S. airline passengers.
American Airlines Group Inc has filed a lawsuit against two unions representing its mechanics, asking the court to halt what it called an illegal slowdown that it said on Monday threatened to disrupt U.S. summer travel. American, the world's largest airline by passenger traffic, said the mechanics' action had intensified in recent weeks after causing 650 flight cancellations and more than 1,500 maintenance delays since February. American cut its 2019 profit forecast in April, blaming an estimated $350 million hit from the worldwide grounding in March of Boeing 737 MAX planes, forcing thousands of separate flight cancellations during its busiest travel season.
Once global regulators clear Boeing Co's 737 MAX to fly again after deadly crashes, airlines which have put their fleets into mechanical hibernation since March will scramble to begin the biggest ungrounding effort in history. Quickly reintegrating Boeing's 737 MAX, a fast-selling model because of its fuel efficiency, longer range, and passenger capacity, is crucial for optimizing airlines' routes and improving margins after having to cancel thousands of flights. International regulators are meeting on May 23 to review Boeing software and training plans, though doubts remain over how quickly foreign authorities will clear new flights.