LUV - Southwest Airlines Co.
| Previous Close | 50.74 |
| Open | 50.42 |
| Bid | 0.00 x 1200 |
| Ask | 0.00 x 900 |
| Day's Range | 49.30 - 50.51 |
| 52 Week Range | 44.28 - 64.02 |
| Volume | 4,834,862 |
| Avg. Volume | 5,391,849 |
| Market Cap | 27.259B |
| Beta (3Y Monthly) | 1.74 |
| PE Ratio (TTM) | 11.50 |
| EPS (TTM) | 4.29 |
| Earnings Date | Apr 25, 2019 |
| Forward Dividend & Yield | 0.64 (1.26%) |
| Ex-Dividend Date | 2019-03-05 |
| 1y Target Est | 62.67 |
Reuters•14 hours agoU.S. airlines visit Boeing as FAA awaits 737 MAX upgrades
CHICAGO/WASHINGTON (Reuters) - Teams from the three U.S. airlines that own 737 MAX jets headed to Boeing Co's factory in Renton, Washington, to review a software upgrade on Saturday, as U.S. regulators prepared to receive and review the fixes in coming weeks. The factory visits indicated Boeing may be near completing a software patch for its newest 737 following a Lion Air crash that killed 189 people in Indonesia last October. This month, a second deadly crash involving an Ethiopian Airlines MAX in Addis Ababa triggered the fleet's worldwide grounding.
Reuters•19 hours agoU.S. airlines prepare for 737 MAX tests, Southwest parks jets near desert
Teams from the three U.S. airlines that own 737 MAX jets were heading to Boeing Co's factory in Renton, Washington, to review a software upgrade on Saturday, even as Southwest Airlines Co began parking its 34 MAXs near the California desert. The factory visits indicate Boeing may be nearing completion of a planned software patch for its newest 737 following a fatal Lion Air crash in Indonesia last October, but the timing for a resumption of passenger flights on the jets remains uncertain. Boeing and the Federal Aviation Administration, which must approve the software fix and new training, are under U.S. and global scrutiny since the MAX suffered a second deadly crash involving Ethiopian Airlines in Addis Ababa on March 10, which led to a worldwide grounding of the fleet.
- Reuters•yesterday
U.S. airlines sending teams to review Boeing 737 MAX upgrade this weekend
The three U.S. airlines that own Boeing Co's 737 MAX are meeting the U.S. manufacturer this weekend to review a software upgrade for the jet that has suffered two fatal crashes in five months, officials from the airlines told Reuters. The meetings are a sign that Boeing's planned software patch is nearing completion, though it will still need regulatory approval. Southwest Airlines Co, American Airlines and United Airlines operate 34, 24 and 14 MAX jets respectively.
Market Realist•2 days agoValuing Berkshire Hathaway: Buffett Solved the Puzzle
How Does Warren Buffett View Berkshire Hathaway?(Continued from Prior Part)Berkshire Hathaway In his 2018 annual shareholder letter, Warren Buffett, Berkshire Hathaway’s (BRK-B) chairman, shared his views on how to measure the company’s intrinsic
- Bloomberg•2 days ago
If Buffett Is Buying Airlines, the Competition Is Over
(Bloomberg Opinion) -- In 1989, when Warren Buffett made his infamous purchase of USAir’s preferred stock, there were at least 20 major airlines operating in the U.S. — carriers with names like Pan Am, Eastern, Braniff and Continental.
- Reuters•2 days ago
American Airlines pilots will test 737 MAX software fix in Boeing simulator
American Airlines pilots will test Boeing Co's 737 MAX software fix on simulators this weekend, the pilots' union told Reuters on Thursday, a key step in restoring confidence in the jet after two fatal crashes. Boeing has been working on a software upgrade for an anti-stall system and pilot displays on its fastest-selling jetliner in the wake of the deadly Lion Air crash in Indonesia in October.
Bloomberg•2 days agoBuffett’s Course Reversal on Airlines Sparks Talk of Acquisition
Thirty years after a troublesome investment in USAir, Berkshire Hathaway Inc. has amassed stakes that make his holding company among the biggest shareholders in the four largest U.S. airlines. “One of those airlines would certainly be affordable and doable” if Berkshire wanted to buy, said David Kass, a professor of finance at the University of Maryland’s Robert H. Smith School of Business. Berkshire has been acquiring shares of Delta Air Lines Inc., the world’s most valuable carrier, and now has airline stakes worth more than $9 billion.
Reuters•3 days agoBoeing to offer safety feature as standard in 737 MAX software upgrade - sources
WASHINGTON/JAKARTA (Reuters) - Boeing Co plans to offer as standard a safety feature that might have warned earlier of problems that possibly played a role in the crashes of Ethiopian and Indonesian planes that killed almost 350 people, two officials briefed on the matter said on Thursday. Boeing will mandate a previously optional cockpit warning light as part of a software update to the 737 MAX fleet that was grounded in the wake of the fatal crashes, said the officials, who asked not to be identified. The March 10 Ethiopian Airlines crash that killed all 157 on board has set off one of the widest inquiries in aviation history and cast a shadow over the Boeing MAX model intended to be a standard for decades.
Reuters•3 days agoBoeing to offer safety feature as standard in 737 MAX software upgrade: sources
WASHINGTON/JAKARTA (Reuters) - Boeing Co plans to offer as standard a safety feature that might have warned earlier of problems that possibly played a role in the crashes of Ethiopian and Indonesian planes that killed almost 350 people, two officials briefed on the matter said on Thursday. Boeing will mandate a previously optional cockpit warning light as part of a software update to the 737 MAX fleet that was grounded in the wake of the fatal crashes, said the officials, who asked not to be identified. The March 10 Ethiopian Airlines crash that killed all 157 on board has set off one of the widest inquiries in aviation history and cast a shadow over the Boeing MAX model intended to be a standard for decades.
- Zacks•3 days ago
Buy Boeing and Other Aerospace-Defense Stocks Despite Trade War Pull Back?
This underperforming industry has an enormous amount of potential for growth in 2019 as trade tensions lighten
- American City Business Journals•3 days ago
Southwest Airlines pilots union leader has big concerns about Boeing
Jon Weaks sent a new memo to his team of Southwest pilots in which he called out Boeing for how it has handled aspects of the controversial MAX rollout.
- American City Business Journals•3 days ago
Southwest executive teases further Hawaii expansion
"So, maybe, maybe not. I don't know," said Adam Decaire, Southwest vice president of Network Planning. "Just a teaser out there for you guys."
- Zacks•3 days ago
Allegiant Partners TPG for Sunseeker Resorts Development
TPG Sixth Street commits to invest $175 million initially for the resort development, per the deal inked with Allegiant (ALGT).
- Reuters•3 days ago
Southwest pilots say extra training required after 737 MAX software update
Extra computer-based training will be required after a planned update to the software on the Boeing Co 737 MAX aircraft, Southwest Airlines Co's pilot union said on Wednesday, adding that it was seeking additional information for pilots. Boeing has been working on a software update to an anti-stall system called MCAS since a Lion Air plane crashed in Indonesia in October, killing all 189 aboard. Southwest Airlines Pilots' Association (SWAPA) said it had previewed the proposed Boeing training, including a required test at the end, which would be mandatory for Southwest pilots before flying the 737 MAX again.
- Financial Times•3 days ago
[$$] Boeing to install extra safety alarm in 737 Max jets
Boeing will install an extra safety alarm in the cockpits of all its 737 Max aircraft after intense criticism in the wake of two fatal crashes. The US aerospace group has decided to include a warning light in new 737 Max planes and to retrofit all existing ones, according to a person familiar with the situation. Boeing declined to comment.
Motley Fool•3 days agoHow Hawaiian Airlines Is Responding to Southwest's Hawaii Invasion
The airline has already been implementing strategies to maintain or even improve its profitability despite new competition in its home market.
- Reuters•4 days ago
With 737 MAX grounded, airlines face daily scheduling challenges
CHICAGO/MONTREAL (Reuters) - U.S. and Canadian airlines that fly the roughly 175-seat aircraft face a logistical challenge: which flights to cancel and which to cover with other planes following the global grounding of Boeing Co's 737 MAX jets. Southwest Airlines Co and American Airlines Group Inc, the two largest MAX operators in the United States, said they have bolstered their reservation and operations teams to figure out how to spread flight cancellations across their networks, not just on MAX flights. American Airlines, for example, had most of its 24 MAX jets flying in and out of Miami, where load factors have been full during the Spring Break season.
- American City Business Journals•4 days ago
JetBlue continues to ramp up promotions, including one-way $44 tickets
The discounted fares are part of the Long Island City-based airline's "big spring sale."
- American City Business Journals•4 days ago
As Hawaii faces a ‘tipping point’ in tourism, Southwest Airlines could bring relief
“If (Southwest Airlines) attracts first-time visitors from these smaller markets, it’ll be good for us. The other aspect for Southwest coming to Hawaii is basically the benefit of competition on inter-island travel."
- American City Business Journals•4 days ago
Southwest Airlines' wall hangings give insight into Hawaiian ambitions
Startling new wall imagery creates a vivid picture of what Southwest hopes to achieve with new service to Hawaii.
- Yahoo Finance Video•4 days ago
New FAA Chief Stephen Dickson will emphasize ‘culture of safety’
In light of the news that Former Delta Executive Stephen Dickson will head the FAA, Chris Clearfield, a licensed commercial pilot and author of MELTDOWN, says having somebody “steeped in the culture of safety can be a real positive thing to see at the FAA.”
