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Southwest Airlines Says Experienced Improvement In Leisure Passenger Demand, Bookings In February
Southwest Airlines CEO Says Covid-19 Testing Requirements For Domestic Flights Would Be 'Unrealistic'
Southwest Airlines Reports Q4 Earnings of $1.54 per Share
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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Price To Sales (TTM)
Price To Book (MRQ)
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Total Debt To Equity (MRQ)
LT Debt To Equity (MRQ)
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Return on Equity (TTM)
Southwest Airlines on Tuesday forecast slower cash burn in the current quarter as leisure bookings and demand improve in February.
Southwest Airlines said on Tuesday it expects cash burn in the first quarter to slow as bookings improve in February.
Southwest Airlines Chief Executive Gary Kelly and the leaders of the airline's unions urged President Joe Biden not to mandate COVID-19 testing before domestic flights, warning it would put "jobs at risk."
Southwest Airlines Co reported an annual loss of $3.1 billion on Thursday, its first since 1972, and said it was facing stalled demand in January and February driven by high levels of COVID-19 cases and hospitalizations.
Southwest Airlines Co said on Thursday it would vaccinate its employees against COVID-19 for free once a vaccine has been made widely available in the United States.
Southwest Airlines Co said on Wednesday it expects to take delivery of 35 737 MAX aircraft from Boeing Co through the end of 2021.
Southwest Airlines Co said on Wednesday it would take delivery of Boeing Co's delayed 737 MAX aircraft and expects to receive 35 MAX 8 through the end of 2021.
Southwest Airlines plans to continue adding new markets to its network after announcing about 10 new destinations during the pandemic, CEO Gary Kelly said on Thursday, a strategy that threatens to put rivals like United Airlines on defense.
Southwest Airlines plans to continue adding new markets to its network after opening 10 new destinations during the pandemic, CEO Gary Kelly said on Thursday.
Southwest Airlines Co said on Thursday it had issued notices to 6,828 employees warning them that they could be furloughed, amid a slump in demand for air travel due to the coronavirus crisis.
Southwest Airlines has sent a team of mechanics to Victorville, California, to start the long process of bringing its 34 Boeing 737 MAX jets out of their desert hibernation, after the planes' permission to fly was restored.
Southwest Airlines said on Thursday that about 25% of its customers have indicated that they are not comfortable flying on the Boeing 737 MAX, which has been approved for flight following safety updates and training.
Southwest Airlines is eyeing Boeing 737 MAX jets which have lost their original buyers, the so-called "white tails," Chief Executive Gary Kelly said on Monday, but has no plans to increase the size of its fleet.
Delta Air Lines and Southwest Airlines on Thursday cautioned that the recent surge in COVID-19 cases may have a negative impact on travel over the winter holidays, a period the sector had hoped would see improved bookings.
Southwest Airlines Co said on Thursday an improvement in revenue seen in the past few months was losing steam in recent weeks amid surging COVID-19 cases in the United States, sending the U.S. budget carrier's shares down 2% in premarket trade.
The International Brotherhood of Teamsters remains open to cost-savings talks with Southwest Airlines , a spokeswoman said on Monday following news last week that the airline had sent notices of potential furloughs to 42 material specialists represented by the union.
Southwest Airlines said on Friday it has sent notices of potential furloughs to 42 parts inventory workers after talks with one union group stalled over pay cuts the airline argues it needs from all employees to offset $1 billion in overstaffing costs.
American Airlines and Southwest Airlines signaled on Thursday that they would continue to hemorrhage cash into next year as revenues hover around a third of 2019's levels due to a collapse in demand from the coronavirus.
Southwest Airlines Co reported on Thursday a loss of more than $1 billion, its biggest ever, in the third quarter, while saying it would burn less cash in the months to come as leisure bookings show signs of recovery from this year's coronavirus-driven collapse.
Southwest Airlines Co reported a loss of more than $1 billion, its biggest ever, in the third quarter, while saying it would burn less cash in the months to come as leisure bookings show signs of recovery from this year's coronavirus-driven collapse.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.