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Southwest Airlines Co (LUV)

LUV on New York Consolidated

53.17USD
18 Aug 2017
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$0.02 (+0.04%)
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Latest Key Developments (Source: Significant Developments)

Southwest airlines reports July traffic
Wednesday, 9 Aug 2017 06:30am EDT 

Aug 9 (Reuters) - Southwest Airlines Co ::Southwest airlines reports July traffic.July load factor 87.3 percent versus 86.9 percent year ago.Southwest Airlines Co - ‍company flew 12.4 billion revenue passenger miles (RPMS) in July 2017, an increase of 6.0 percent​.Southwest Airlines Co - continues to expect its Q3 2017 operating revenue per ASM (RASM) to increase approximately one percent, as compared with Q3 2016.Southwest Airlines Co - continues to expect its Q3 2017 operating revenue per ASM (RASM) to increase approximately one percent, as compared with Q3 2016..Southwest Airlines Co - flew 12.4 billion revenue passenger miles (RPMS) in July 2017, an increase of 6.0 percent from 11.7 billion RPMS flown in July 2016​.Southwest airlines co - ‍available seat miles (ASMS) increased 5.5 percent to 14.2 billion in july 2017, compared with July 2016 asms of 13.4 billion​.  Full Article

Southwest Airlines extends flight schedule through April 6, 2018
Thursday, 27 Jul 2017 10:56am EDT 

July 27 (Reuters) - Southwest Airlines Co ::Southwest Airlines extends flight schedule through April 6, 2018.Will begin international service for Indianapolis travelers with new weekly service to Cancun, Mexico.New flights between Cancun and Indianapolis will operate seasonally on Saturdays beginning March 10, 2018.Is also offering new international service beginning March 8, 2018 between Ft. Lauderdale and Aruba.  Full Article

Southwest Q2 earnings per share $1.23
Thursday, 27 Jul 2017 06:30am EDT 

July 27 (Reuters) - Southwest Airlines Co ::Southwest reports second quarter profit.Q2 earnings per share $1.23.Q2 earnings per share view $1.20 -- Thomson Reuters I/B/E/S.Q2 earnings per share $1.24 excluding items.Southwest Airlines Co - Q3 2017 economic fuel costs are estimated to be in $1.95 to $2.00 per gallon range.Southwest Airlines Co - qtrly load factor 85.6 percent versus 85.6 percent last year.Southwest Airlines - expects its Q3 2017 year-over-year rasm growth to be approximately one percent.Southwest Airlines Co - ‍company currently does not expect a significant unfavorable impact from transition to new reservation system beyond Q3 2017​.Southwest Airlines Co - Q2 revenue passenger miles of ‍​34.38 billion versus 32.71 billion last year.Southwest Airlines Co - ‍Q3 year-over-year rasm comparisons also will be impacted by last July's technology outage and timing of July 4th holiday in 2017​.Southwest-‍continue to expect annual incremental benefits from new reservation system capabilities to ramp up to estimated $200 million pretax profits in 2018​.Southwest Airlines - expects its Q3 2017 available seat miles (ASMs) to increase in four to five percent range.Southwest Airlines Co - Q2 available seat miles of ‍​ 40.17 billion versus 38.23 billion last year.Southwest Airlines - ‍expects Q4 unit costs to be in line with year-ago levels, excluding fuel and oil expense, special items, and profitsharing expense​.  Full Article

Southwest Airlines June load factor 87.4 percent
Monday, 10 Jul 2017 06:30am EDT 

July 10 (Reuters) - Southwest Airlines Co :Southwest Airlines reports june traffic.June load factor 87.4 percent.Southwest Airlines Co - ‍company continues to estimate its q2 2017 operating revenue per ASM (RASM) will increase in one to two percent range​.Says ‍flew 11.9 billion revenue passenger miles (RPMS) in june 2017, an increase of 3.7 percent​.Southwest Airlines Co- ‍available seat miles (ASMS) increased 3.8 percent to 13.6 billion in June 2017, compared with June 2016 ASMS of 13.1 billion​.  Full Article

Southwest Airlines announces leadership changes
Friday, 30 Jun 2017 09:32am EDT 

June 30 (Reuters) - Southwest Airlines Co :Southwest Airlines announces leadership changes.Southwest Airlines Co - ‍senior vice president and chief information officer Randy Sloan is leaving company in mid-July​.Southwest Airlines Co - Has hired Stan Alexander into a new role of vice president & chief technology architect, effective July 10​.Southwest Airlines Co - Kathleen Wayton has been promoted to senior vice president and chief information officer upon Sloan's departure..Southwest Airlines Co - ‍promoting Anthony Gregory as new vice president of ground operations, effective July 1, 2017​.  Full Article

Southwest to cease operations in Varadero, Santa Clara in Cuba
Wednesday, 28 Jun 2017 11:00am EDT 

June 28 (Reuters) - Southwest Airlines Co ::Press release - Southwest Airlines to consolidate Cuba service with focus on Havana.Will cease operations in both Varadero (VRA) and Santa Clara (SNU) at end of day on Monday, Sept. 4.Company has applied with U.S. Department of Transportation for a third daily roundtrip between Ft. Lauderdale and Havana.  Full Article

Southwest Airlines says addition of route connecting Tampa with San Diego
Thursday, 22 Jun 2017 10:00am EDT 

June 22 (Reuters) - Southwest Airlines Co ::Addition of a new nonstop route connecting Tampa, Fla. with San Diego beginning Jan. 8, 2018.  Full Article

Southwest Airlines says ASMS up 4 pct to 13.2 bln in May
Wednesday, 7 Jun 2017 06:30am EDT 

June 7 (Reuters) - Southwest Airlines Co :Southwest Airlines reports May traffic.Southwest Airlines - co continues to expect its Q2 2017 operating revenue per ASM (rasm) to increase in one to two percent range, as compared with Q2 2016.Southwest Airlines Co says May 2017 load factor was 85.4 percent, compared with 85.8 percent in May 2016.Available seat miles (asms) increased 4.0 percent to 13.2 billion in May 2017, compared with May 2016 ASMS of 12.6 billion.Southwest Airlines Co - flew 11.2 billion revenue passenger miles (RPMS) in May 2017, an increase of 3.4 percent from 10.9 billion RPMS flown in May 2016.  Full Article

Southwest Airlines says to offer new international flights from St. Lauderdale and St. Louis
Thursday, 18 May 2017 11:00am EDT 

May 18 (Reuters) - Southwest Airlines Co :To offer new international flights from St. Lauderdale, Nashville, and St. Louis beginning November 2017.  Full Article

Southwest Airlines authorizes $2 bln share repurchase program,increases dividend by 25 pct
Wednesday, 17 May 2017 01:05pm EDT 

May 17 (Reuters) - Southwest Airlines Co :Says increased company's quarterly dividend by 25 percent and authorized a new $2.0 billion share repurchase program.Says quarterly dividend will increase to $0.125 per share from $0.10 per share.  Full Article

BRIEF-Southwest airlines reports July traffic

* Southwest Airlines Co - ‍company flew 12.4 billion revenue passenger miles (RPMS) in July 2017, an increase of 6.0 percent​