The Latest Breaking News from Southwest Airlines Co

More than 1,000 Monday flights into or out of the United States have been canceled due to a severe winter storm, with about half of those coming from Southwest Airlines Co.

The operational chaos that engulfed Southwest Airlines Co. over the busy holiday period was a crisis decades in the making.

The airline industry seems well-positioned to grow significantly in the foreseeable future, thanks to pent-up travel demand. Hence, fundamentally strong airlines stock Southwest Airlines (LUV) could be a wise addition to one’s portfolio. However, amid macroeconomic headwinds and the industry’s post-pandemic challenges, fundamentally weak stocks Spirit Airlines (SAVE) and Astra…

As a winter storm bore down on a broad swath of the U.S., a staffing crisis was brewing for Southwest Airlines Co. in Denver.

Southwest Airlines Co. canceled almost two-thirds of its flights Tuesday, remaining hobbled by a massive winter storm that most major rivals were able to recover from with greater ease.

Southwest Airlines Co. expects the flight chaos caused by the massive winter storm that battered the U.S. to continue for at least another few days as the government questioned whether the airline is complying with its customer service plan.

Despite a booming summer travel demand, increasing cancellations and delays due to personnel shortages lead to a failing airline system. Amid this backdrop, it’s wise to avoid Southwest Airlines (LUV) and Delta Air Lines (DAL), given their weak fundamentals. Read more.

Raymond James analyst Savanthi Syth upgraded Southwest Airlines Co (NYSE:LUV) to Strong Buy from Outperform and lowered the price target to $55 (an upside of 56%) from $57. The analyst states that the revised U.S. airline estimates reflect a stronger near-term revenue trend, stubbornly higher fuel prices, anticipated demand softening, and planned and expected capacity…

Astronics Corp (NASDAQ:ATRO) has secured a contract from Southwest Airlines Co (NYSE:LUV) to provide EMPOWER Passenger In-Seat Power System for installation on 475 Boeing Co (NYSE:BA) 737 MAX-7 and MAX-8 aircraft. Financial terms not disclosed. The award is part of Southwest's recently announced cabin upgrade initiative to enhance the customer experience. The system configuration selected by Southwest will provide 60W…

Southwest Airlines Co (NYSE:LUV) reported first-quarter FY22 operating revenue growth of 128.8% year-over-year to $4.69 billion, beating the consensus of $4.67 billion. Operating revenue declined by 8.8% compared to 1Q19. Adjusted EPS loss improved to $(0.32) compared to $(1.72) in 1Q21, missing the consensus of $(0.30). The airline reported an adjusted operating…

Shares of airline companies, including Southwest Airlines Co (NYSE: LUV), are trading higher amid strength in the industry following earnings from several peer companies.