Southwest Airlines Co. (LUV)
Southwest Airlines adopts shareholder rights plan after Elliott Management discloses 11% stake
Southwest Airlines Co. LUV, +0.64% said Wednesday it's adopting a limited-duration shareholder rights plan with immediate effect. A rights plan, also known as a poison pill, protects companies from hostile takeovers as it forces a bidder to negotiate with the board and not directly with shareholders.
FAA and NTSB to investigate Southwest flight that departed from a closed runway in Maine
The National Transportation Safety Board and Federal Aviation Administration said on Friday it will investigate a Southwest Airlines flight that departed from a temporarily closed runway in Maine earlier this week.
Southwest Airlines (LUV) Lowers Q2 RASM View on Bookings Issue
Southwest Airlines (LUV) now expects its second-quarter revenue per available seat mile to decline in the range of 4%-4.5% year over year (previous guidance: 1.5%-3.5% decline).
Southwest Expects Lower Pricing Power as Airlines Add Capacity
Southwest Airlines is experiencing reduced pricing power because airlines have added flights and seats.
Southwest Airlines' stock reverses losses to trade higher after company cuts revenue guidance
Southwest Airlines Co.'s stock reversed early losses to trade slightly higher Wednesday, after the carrier lowered its second-quarter revenue guidance in a dynamic environment.
Southwest cuts revenue outlook despite booming demand, blames ‘booking patterns'
Southwest said the revenue per mile outlook is worsening mostly due to the difficulty of adapting its pricing to “current booking patterns in this dynamic environment.”
Southwest Airlines Cuts Outlook on Slower Bookings
Southwest Airlines (LUV) shares fell Wednesday as the carrier slashed its guidance because of softer bookings.
Southwest Sock Gaps Lower on Slashed Forecast
Southwest Airlines Co (NYSE:LUV) cut its fiscal second-quarter forecast today, as the industry struggles to predict demand trends.
Southwest Airlines stock dips after airline cuts quarterly revenue forecast
Southwest Airlines Co (NYSE:LUV) stock fell more than 3% after the airline cut its second quarter revenue forecast and projected higher expenses. It now expects revenue per available seat mile, how much it brings in for every seat if it flies one mile, will be down between 4% and 4.5% year-over-year, up from its earlier forecast of a drop between 1.5% and 3.5%.
Southwest Airlines cuts revenue forecast
Southwest cut its second-quarter revenue forecast, citing changing booking patterns. The airline also said its unit expenses, excluding fuel, would be up as much as 7.5% over the year earlier period.
A Southwest flight dropped to just 525 feet above an Oklahoma town, prompting an altitude warning and FAA investigation
A Southwest Airlines flight dropped to just 525 feet above the ground on Wednesday. The incident prompted an altitude warning and an FAA investigation.
Southwest Airlines Faces a Shake-Up
We also talk about -- what else? -- tall buildings.
