Southwest Airlines is a major American airline that provides low-cost air travel services primarily across the United States and to select international destinations
Known for its no-frills approach, the airline emphasizes customer service, on-time performance, and a unique boarding process that allows passengers to choose their seats. Southwest operates a point-to-point transit model rather than a traditional hub-and-spoke system, allowing for greater flexibility and efficiency in its flight operations. The company has established a loyal customer base by offering competitive fares, no charge for checked baggage, and a straightforward pricing structure, making air travel more accessible to a broad range of travelers.
JP Morgan analyst Jamie Baker revised ratings and forecasts for several North American airlines, noting concerns about consumer behavior, capacity, and reduced government travel.
Archer Aviation stock is surging after earnings on bullish analyst sentiment, but investors will still need to have conviction before commercial flights begin
Elliott Investment Management made several portfolio moves in the fourth quarter, closing multiple options positions and shaking up the activist firm's technology exposure.
Record-breaking cold and winter weather is gripping much of the United States on Wednesday and the National Weather Service has issued weather advisories, watches or warnings in 38 states.
The Dallas-based company said following the layoffs, it expects partial-year 2025 savings to be about $210 million and full-year 2026 savings to be about $300 million.
Southwest Airlines Co. announced Monday it will eliminate approximately 1,750 corporate positions, marking the first large-scale layoff in the carrier's 53-year history as it seeks to streamline operations and boost profitability.
Southwest Airlines has appointed Tom Doxey as Executive VP and CFO, effective March 10. With a proven track record in aviation finance and operations, Doxey previously led Breeze Airways to profitability and held senior positions at United Airlines, where he managed a $5 billion budget.
Earnings per share (EPS) came in at $0.56 compared to an analyst estimate of $0.46, according to FinChat. Operating revenue rose 1.65% year-over-year (YoY) to $6.93 billion compared to an analyst estimate of $6.95 billion.
While American Airlines reported robust Q4 2024 earnings, their Q1 2025 guidance caused concern over industry headwinds or are issues specific to American?
The Q4 earnings season has remained strong with companies from various sectors standing out in this week’s lineup. Able to crush their bottom-line expectations on Thursday, here are two intriguing stocks to keep an eye on in the coming weeks.
