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Southwest Airlines Co (LUV.N)

LUV.N on New York Stock Exchange

53.09USD
13 Jul 2018
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Latest Key Developments (Source: Significant Developments)

Southwest Airlines Reports June Traffic
Tuesday, 10 Jul 2018 

July 10 (Reuters) - Southwest Airlines Co ::SOUTHWEST AIRLINES REPORTS JUNE TRAFFIC.SOUTHWEST AIRLINES CO - FLEW 12.2 BILLION REVENUE PASSENGER MILES (RPMS) IN JUNE 2018, AN INCREASE OF 2.6 PERCENT FROM 11.9 BILLION RPMS FLOWN IN JUNE 2017.SOUTHWEST AIRLINES CO - AVAILABLE SEAT MILES (ASMS) INCREASED 3.2 PERCENT TO 14.1 BILLION IN JUNE 2018.SOUTHWEST AIRLINES CO - JUNE 2018 LOAD FACTOR WAS 86.9 PERCENT, COMPARED WITH 87.4 PERCENT IN JUNE 2017.  Full Article

Southwest Airlines Extends Flight Schedule Through Early March 2019
Thursday, 28 Jun 2018 

Southwest Airlines Co ::SOUTHWEST AIRLINES EXTENDS FLIGHT SCHEDULE THROUGH EARLY MARCH 2019.SOUTHWEST AIRLINES- STARTING JAN 7, 2019, CO TO ADD NONSTOP SERVICE DAILY BETWEEN DALLAS (LOVE FIELD) & SOME NEWLY AVAILABLE/PREVIOUSLY OFFERED CITIES.  Full Article

Southwest Airlines And Aircraft Mechanics Fraternal Association Reach Tentative Agreement For Mechanics And Related Employees
Thursday, 28 Jun 2018 

June 27 (Reuters) - Southwest Airlines Co ::SOUTHWEST AIRLINES AND AIRCRAFT MECHANICS FRATERNAL ASSOCIATION REACH TENTATIVE AGREEMENT FOR MECHANICS AND RELATED EMPLOYEES.AGREEMENT GIVES EMPLOYEES IMPROVED COMPENSATION, A RATIFICATION BONUS, AND UPDATED WORK RULES.IF AGREEMENT IS APPROVED, CONTRACT WILL BECOME AMENDABLE APRIL 1, 2023.  Full Article

Southwest Airlines Expects Q2 Operating RASM To Fall About 3 Pct
Monday, 4 Jun 2018 

June 4 (Reuters) - Southwest Airlines Co ::SOUTHWEST AIRLINES SAYS NOW EXPECTS Q2 2018 OPERATING RASM TO DECREASE APPROXIMATELY THREE PERCENT, YOY - SEC FILING.SOUTHWEST AIRLINES SAYS REDUCED ANNUAL 2018 Y-O-Y ASM GROWTH TO BE IN LOW 4 PERCENT RANGE, VERSUS PREVIOUS PLANS TO GROW ASMS IN LOW 5 PERCENT RANGE, Y-O-Y.SOUTHWEST AIRLINES-LOWERED Q2 OPERATING RASM GUIDANCE RANGE IS DRIVEN BY LOWER BOOKINGS LARGELY DUE TO REDUCED MARKETING EFFORTS AFTER FLIGHT 1380 ACCIDENT.SOUTHWEST AIRLINES SEES Q2 2018 Y-O-Y ASM GROWTH TO BE ABOUT 3.5 PERCENT, AT LOWER END OF PREVIOUS GUIDANCE TO GROW 3.5 TO 4 PERCENT, Y-O-Y.SOUTHWEST AIRLINES SEES H2 2018 Y-O-Y ASM GROWTH TO BE ABOUT 6 PERCENT, VERSUS PREVIOUS PLANS TO GROW ASMS IN LOW 7 PERCENT RANGE, Y-O-Y.  Full Article

Southwest Announces Collaboration with IHeartRadio
Friday, 18 May 2018 

May 18 (Reuters) - Southwest Airlines::SOUTHWEST AIRLINES CO - NEW COLLABORATION WITH IHEARTRADIO.  Full Article

Southwest Airlines Authorized A New $2.0 Billion Share Repurchase Program
Wednesday, 16 May 2018 

May 16 (Reuters) - Southwest Airlines Co ::SOUTHWEST AIRLINES CO - INCREASED COMPANY'S QUARTERLY DIVIDEND BY 28 PERCENT.SOUTHWEST AIRLINES CO - AUTHORIZED A NEW $2.0 BILLION SHARE REPURCHASE PROGRAM.SOUTHWEST AIRLINES CO - QUARTERLY DIVIDEND WILL INCREASE TO $.16 PER SHARE FROM $.125 PER SHARE.SOUTHWEST AIRLINES - SUBSEQUENT TO LAUNCH OF Q2 ASR PROGRAM, CO HAS $350 MILLION REMAINING UNDER MAY 2017 $2.0 BILLION SHARE REPURCHASE AUTHORIZATION.SOUTHWEST AIRLINES - AUTHORIZED NEW SHARE REPURCHASE PROGRAM UPON COMPLETION OF REMAINING $350 MILLION UNDER MAY 2017 $2.0 BILLION SHARE REPURCHASE AUTHORIZATION.  Full Article

Soros Fund Management Reports Share Stake In Ebay, Intel
Wednesday, 16 May 2018 

May 15 (Reuters) - SOROS FUND MANAGEMENT ::SOROS FUND MANAGEMENT LLC REPORTS SHARE STAKE IN EBAY OF 125,000 SHARES - SEC FILING.SOROS FUND MANAGEMENT LLC DISSOLVES SHARE STAKE IN SOUTHWEST AIRLINES - SEC FILING.SOROS FUND MANAGEMENT REPORTS SHARE STAKE IN INTEL OF 58,000 SHARES - SEC FILING.SOROS FUND MANAGEMENT - CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DEC 31, 2017.  Full Article

Southwest Airlines says will inspect all remaining engine fan blades within next 30 days
Saturday, 21 Apr 2018 

April 20 (Reuters) - Southwest Airlines Co ::SOUTHWEST AIRLINES CO SAYS IN 2017, STARTED A PROGRAM TO INSPECT ALL FAN BLADES ON ALL -700/-800 AIRCRAFT IN CO'S FLEET.SOUTHWEST AIRLINES CO - ACCELERATED PROGRAM TO INSPECT FAN BLADES ON TUESDAY AND WILL INSPECT ALL REMAINING ENGINE FAN BLADES WITHIN THE NEXT 30 DAYS.  Full Article

Southwest Airlines announces response to Emergency Airworthiness Directive
Saturday, 21 Apr 2018 

April 20 (Reuters) - Southwest Airlines Co ::SOUTHWEST AIRLINES RESPONSE TO EMERGENCY AIRWORTHINESS DIRECTIVE.ACKNOWLEDGES ISSUANCE OF EMERGENCY AIRWORTHINESS DIRECTIVE 2018-09-51 BY FAA TO AIRLINES OPERATING CFM56-7B ENGINES.EXISTING SOUTHWEST AIRLINES MAINTENANCE PROGRAM MEETS OR EXCEEDS ALL REQUIREMENTS SPECIFIED IN AIRWORTHINESS DIRECTIVE.  Full Article

Airline regulators call for emergency inspections of Boeing 737 Engines - WSJ
Saturday, 21 Apr 2018 

April 20 (Reuters) - :AIRLINE REGULATORS CALL FOR EMERGENCY INSPECTIONS OF BOEING 737 ENGINES - WSJ, CITING SOURCES.  Full Article

US watchdog auditing FAA checks of Southwest Air after engine failure

WASHINGTON, June 21 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.