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Southwest Airlines Says Preliminary April 2020 Operating Revenues Decreased, Y-O-Y, In Range Of 90 To 95 Percent
Southwest Airlines CEO Kelly Says He Doesn't Expect Things In Airline Industry To Be Normal In Six To 12 Months
BOC Aviation Says Unit To Purchase 10 Boeing 737-8 Aircraft From Southwest Airlines Co
Southwest Airlines Co. (Southwest) operates Southwest Airlines, a passenger airline that provides scheduled air transportation in the United States and near-international markets. The Company provides point-to-point service. The Company offers ancillary service offerings, such as Southwest's EarlyBird Check-In and transportation of pets and unaccompanied minors, in accordance with Southwest's respective policies. Southwest's Rapid Rewards frequent flyer program enables program members (Members) to earn points for every dollar spent on Southwest fares. Its Internet Website, Southwest.com, is an avenue for Southwest customers to purchase and manage travel online. As of December 31, 2016, Southwest operated a total of 723 Boeing 737 aircraft and served 101 destinations in 40 states, the District of Columbia, the Commonwealth of Puerto Rico, and eight near-international countries: Mexico, Jamaica, The Bahamas, Aruba, Dominican Republic, Costa Rica, Belize, and Cuba.
2702 Love Field Dr
PO Box 36611
Gary C. Kelly
Chairman of the Board, Chief Executive Officer
Thomas M. Nealon
Vice Chairman of the Board
Chief Financial Officer, Executive Vice President
Michael G. Van de Ven
Chief Operating Officer
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-- Note: Reuters has not verified this story and does not vouch for its accuracy
Southwest Airlines Co will continue to limit bookings on its flights through at least July to give passengers space between seats, CEO Gary Kelly told shareholders on Thursday, mirroring a plan by competitor Delta Air Lines Inc.
Southwest Airlines Co will continue to limit bookings on its flights to allow for social distancing through at least July, CEO Gary Kelly told shareholders on Thursday, saying the airline would add more flights to meet any extra demand.
Two top U.S. airlines said on Tuesday ticket cancellations were slowing and demand was showing some signs of improvement, with Southwest Airlines Co recording more trip reservations than cancellations so far this month.
Southwest Airlines Co said on Tuesday it recorded positive bookings on a net basis through May 18, as passenger reservations outpaced trip cancellations.
The airline industry is not likely to recover to pre-coronavirus levels for at least the next six to 12 months, Southwest Airlines Co Chief Executive Officer Gary Kelly said on Thursday.
* SOUTHWEST AIRLINES CEO SAYS WILL OFFER VOLUNTARY SEPARATION PACKAGES, EXTENDED TIME OFF OPTIONS TO EMPLOYEES, IN ADDITION TO EXISTING PROGRAMS-WEBSITE
Southwest Airlines Co will sell and lease back 20 planes for gross proceeds of about $815 million, the company said in a regulatory filing on Friday.
Southwest Airlines Co said on Tuesday it has agreed with Boeing Co to sharply cut its 737 MAX delivery schedule through 2021 and is reviewing its order book as the coronavirus pandemic caused its first quarterly loss in nine years.
* SOUTHWEST AIRLINES SEES Q2 CORE CASH BURN EXCLUDING POTENTIAL REFUNDS, PAYROLL SUPPORT BETWEEN $30 MILLION - $35 MILLION PER DAY- CONF CALL
* SOUTHWEST CEO SAYS PLANS TO KEEP MIDDLE SEATS OPEN AMONG SOCIAL DISTANCING, PROTECTIVE MEASURES ON AIRPLANES -CNBC INTERVIEW
Southwest Airlines Co posted on Tuesday a $94 million net loss in the first quarter, its first quarterly loss in nine years, due to the coronavirus pandemic and said it sees no major improvement in air travel in the second quarter.
Southwest Airlines Co has approached unions representing pilots, flight attendants, mechanics and other employees to discuss potential concessions to prepare for a slow industry recovery, a company official told Reuters on Thursday.
Southwest Airlines Co said on Tuesday it would publish this week a new flight schedule for June 6 to June 27 with overall flight activity dropping by about 50% while taking into account "different phases of the recovery anticipated ahead."
Southwest Airlines Co said on Friday it has applied for U.S. payroll grants but cannot disclose details as the next several days could involve conversations on the terms of any agreement.
Warren Buffett's Berkshire Hathaway Inc said on Friday it sold about 18% of its stake in Delta Air Lines Inc and 4% of its holdings in Southwest Airlines Co this week, as the coronavirus pandemic drives the airline industry into perhaps its biggest crisis ever.
* BERKSHIRE HATHAWAY INC REPORTS OPEN MARKET SALE OF 673,752 SOUTHWEST AIRLINES' COMMON SHARES ON APRIL 1 AT AVERAGE PRICE $32.1825/SHARE - SEC FILING
Southwest Airlines Co <LUV.N> said on Thursday it intends to apply for U.S. government aid to help it ride out the sharp drop in travel demand caused by the massive lockdowns because of the coronavirus pandemic.
Southwest Airlines Co said on Thursday it intends to file an application with the U.S. Treasury department for aid related to the disruption caused by the coronavirus pandemic.
Southwest Airlines Co said Tuesday it will cut more than 40% of flights from May 3 through June 5 amid a sharp decline in travel demand from the coronavirus pandemic. The U.S. airline said will fly 2,000 flights a day, down 1,700 over normal levels. The airline previously...
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