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Southwest Airlines Co (LUV)

LUV on New York Consolidated

55.72USD
26 Sep 2017
Change (% chg)

$0.60 (+1.09%)
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Latest Key Developments (Source: Significant Developments)

Southwest Airlines expects capital expenditures in 2018 to fall below this year's level - SEC Filing
Wednesday, 15 Feb 2017 05:11pm EST 

Southwest Airlines Co : Southwest Airlines - Forecast for Q1 2017 operating revenue per available seat mile (RASM) continues to fall slightly below year ago levels . Southwest Airlines - Guidance for Q1 2017 RASM to fall in the flat to down one percent range, as compared with first quarter 2016, remains unchanged . Southwest Airlines - Continues to expect its first quarter 2017 unit costs to increase in the six to seven percent range, year-over-year . Southwest Airlines - First quarter 2017 economic fuel costs are estimated to be approximately $2.00 per gallon . Southwest Airlines Co says continues to expect its full year 2017 available seat miles (capacity) to increase approximately 3.5 percent, year-over-year . Southwest Airlines Co - Continues to estimate its 2017 capital expenditures will be approximately $2.3 billion .Southwest Airlines Co - Expects capital expenditures in 2018 to fall below this year's level - SEC Filing.  Full Article

Southwest Airlines says by 2017 end expects to operate a 100 pct wifi-equipped fleet of more than 700 aircraft
Tuesday, 13 Dec 2016 04:15pm EST 

Southwest Airlines Co :Southwest Airlines Co - By end of 2017, Southwest Airlines is targeting to operate a 100 percent wifi-equipped fleet of more than 700 aircraft.  Full Article

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 CEO sees $40 mln to $60 mln impact from Harvey

WASHINGTON, Sept 13 Southwest Airlines Chief Executive Officer Gary Kelly on Wednesday said the financial impact from Hurricane Harvey is likely to run the carrier between $40 million to $60 million.