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Southwest Airlines Co (LUV.N)

LUV.N on New York Stock Exchange

46.61USD
30 Nov 2016
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Latest Key Developments (Source: Significant Developments)

Southwest to begin nonstop service to Cuba from fort Lauderdale and Tampa Bay
Thursday, 13 Oct 2016 10:16am EDT 

Southwest Airlines Co: Press release - Southwest Airlines to begin Cuba service nonstop from ft. Lauderdale and Tampa Bay with fares as low as $59 one-way. . Service between Fort Lauderdale-Hollywood international airport and Varadero, Cuba is scheduled to begin Sunday, Nov. 13, 2016 .Havana service is scheduled to commence Monday Dec. 12, 2016.  Full Article

Southwest Airlines reports September traffic
Tuesday, 11 Oct 2016 06:30am EDT 

Southwest Airlines Co : Southwest Airlines reports September traffic . September load factor 84.2 percent . Southwest Airlines Co - continues to estimate its Q3 2016 operating revenue per ASM (RASM) will decline in 3.5 to 4.5 percent range . Southwest Airlines Co- company continues to estimate its Q3 2016 operating revenue per ASM (RASM) will decline in 3.5 to 4.5 percent range . Southwest Airlines Co - flew 9.9 billion revenue passenger miles (RPMS) in Sept 2016, an increase of 7.9 percent from 9.2 billion RPMS flown in September 2015 .Southwest Airlines Co - available seat miles increased 6.0 percent to 11.8 billion in September 2016, compared with September 2015.  Full Article

Southwest Airlines says prior to flight 994 departing from Louisville for Baltimore,customer reported smoke emitting from Samsung electronic device
Wednesday, 5 Oct 2016 03:28pm EDT 

: Southwest Airlines - Prior to flight 994 departing from Louisville for Baltimore,customer reported smoke emitting from Samsung electronic device ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Samsung says no evidence that Southwest incident related to new Note 7- CNBC
Wednesday, 5 Oct 2016 03:27pm EDT 

: Samsung on Southwest incident-We are working with authorities and Southwest to recover device and confirm the cause-CNBC . Samsung on Southwest incident-There is no evidence that this incident is related to the new note 7- CNBC ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Southwest Airlines flight attendants to vote on new agreement
Friday, 23 Sep 2016 05:38pm EDT 

Southwest Airlines :Executive board of transport workers union local 556 voted to put tentative agreement out to Southwest flight attendants for vote.  Full Article

Southwest Airlines pilots to vote on new contract agreement
Thursday, 22 Sep 2016 11:05am EDT 

Southwest Airlines Co: Southwest Airlines pilots to vote on new contract agreement .If approved, new contract will become amendable August 31, 2020.  Full Article

Southwest Airlines and pilot union reach tentative agreement
Monday, 29 Aug 2016 05:27pm EDT 

Southwest Airlines Co : Southwest Airlines and pilot union reach tentative agreement .Negotiating committees will work this week to draft final language.  Full Article

Southwest Airlines reports July traffic
Wednesday, 10 Aug 2016 06:30am EDT 

Southwest Airlines Co : Southwest airlines reports july traffic . July 2016 load factor was 86.9 percent, compared with 87.7 percent in july 2015. . Company now expects its q3 2016 rasm to decline, year-over-year, in 3.5 percent to 4.5 percent range . Revised its q3 2016 cost outlook to reflect impact from technology outage . Also revised its q3 2016 cost outlook to reflect impact from technology outage . July available seat miles 13.42 billion, up 2.3 percent; july revenue passenger miles 11.66 billion, up 1.4 percent . July load factor 86.9 percent versus 87.7 percent year ago . Company now expects its q3 2016 rasm to decline, year-over-year, in 3.5 percent to 4.5 percent range . Q3 operating expense per available seat mile excluding items is now estimated to increase in 3.0 percent to 4.0 percent range .Delays,Cancellation of over 2,000 flights due to tech outage on july 20 resulted in 0.5 point unfavorable y-o-y impact to q3 operating revenue/asm.  Full Article

Southwest Airlines Co - Entered into a new $1 bln credit facility agreement
Tuesday, 9 Aug 2016 10:56am EDT 

: Southwest Airlines Co says on August 3, 2016, entered into a new $1 billion five year revolving credit facility agreement with a syndicate of lenders . Revolving credit agreement has an accordion feature that would allow company to increase size of facility to $1.5 billion . Terminated revolving credit facility dated as of Apr 2, 2013, with syndicate of banks including Citibank and JPMorgan Chase Bank Source - http://bit.ly/2b5LaqL Further company coverage: [LUV.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Southwest Airlines announces Oakland-Mexico nonstop service
Thursday, 4 Aug 2016 04:45pm EDT 

Southwest Airlines : Bay to beaches: Oakland to Mexico nonstop service now available for booking as southwest airlines extends flight schedule through late april 2017 . Oakland to Mexico nonstop service now available for booking as Southwest extends flight schedule through late april 2017 .Beginning feb. 12, 2017, fly nonstop daily between Oakland and both san jose del cabo/los cabos, mexico and puerto vallarta, mexico.  Full Article

BRIEF-Southwest Airlines Appearance Technicians ratify 4-year tentative agreement with Company

* Appearance Technicians, represented by Aircraft Mechanics Fraternal Association,have voted to ratify 4-year tentative agreement