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United States

Southwest Airlines Co (LUV.N)

LUV.N on New York Stock Exchange

62.06USD
24 Sep 2018
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Latest Key Developments (Source: Significant Developments)

Southwest Reports Q2 Adj. Earnings Per Share $1.26
Thursday, 26 Jul 2018 06:30am EDT 

July 26 (Reuters) - Southwest Airlines Co ::SOUTHWEST REPORTS SECOND QUARTER PROFIT.Q2 EARNINGS PER SHARE $1.27.Q2 EARNINGS PER SHARE VIEW $1.22 -- THOMSON REUTERS I/B/E/S.Q2 EARNINGS PER SHARE $1.26 EXCLUDING ITEMS.SEES Q2 2018 REVENUE $5.7 BILLION.SEES Q2 2018 REVENUE UP 0.2 PERCENT.Q2 2018 TOTAL OPERATING REVENUES INCREASED 0.2 PERCENT TO $5.7 BILLION.SOUTHWEST - EXPECTS Q3 2018 YEAR-OVER-YEAR OPERATING REVENUE PER AVAILABLE SEAT MILE (RASM, OR UNIT REVENUES) TO BE SIGNIFICANT IMPROVEMENT OVER Q2 2018.REVENUE EFFECTS OF FLIGHT 1380 ACCIDENT REDUCED Q2 PASSENGER REVENUES BY $100 MILLION.IMPACT FROM ADOPTION OF NEW REVENUE STANDARD ARE NOT EXPECTED TO BE MATERIAL TO YEAR-OVER-YEAR RASM TRENDS FOR Q4 2018.EXPECT REVENUE IMPACT FROM FLIGHT 1380 ACCIDENT TO BE TEMPORARY AND SUBSIDE IN Q3.Q3 2018 ECONOMIC FUEL COSTS ARE ESTIMATED TO BE APPROXIMATELY $2.25 PER GALLON.CONTINUES TO ESTIMATE ITS ANNUAL 2018 CAPITAL EXPENDITURES TO BE IN $2.0 BILLION TO $2.1 BILLION RANGE.HIGHER UNIT COSTS AS CO MOVES INTO H2 2018, DUE LARGELY TO SHIFTING SPENDING FROM H1 2018.ESTIMATES Q3 2018 CASM, EXCLUDING FUEL AND OIL EXPENSE AND PROFITSHARING EXPENSE, TO INCREASE IN TWO TO THREE PERCENT RANGE.CONTINUES TO EXPECT ITS 2018 YEAR-OVER-YEAR ASM GROWTH TO BE IN LOW FOUR PERCENT RANGE.NOW ESTIMATES ANNUAL 2018 CASM, EXCLUDING FUEL AND OIL EXPENSE AND PROFITSHARING EXPENSE, TO BE FLAT TO UP ONE PERCENT.  Full Article

Southwest Airlines ASMs Rose 5.2 Percent To 13.8 Bln In May
Wednesday, 6 Jun 2018 06:30am EDT 

June 6 (Reuters) - Southwest Airlines Co ::SOUTHWEST AIRLINES REPORTS MAY TRAFFIC.AVAILABLE SEAT MILES (ASMS) INCREASED 5.2 PERCENT TO 13.8 BILLION IN MAY 2018, COMPARED WITH MAY 2017 ASMS OF 13.2 BILLION.SOUTHWEST AIRLINES - COMPANY FLEW 11.7 BILLION REVENUE PASSENGER MILES (RPMS) IN MAY 2018, AN INCREASE OF 4.2 PERCENT FROM 11.2 BILLION RPMS FLOWN IN MAY 2017.MAY 2018 LOAD FACTOR WAS 84.6 PERCENT, COMPARED WITH 85.4 PERCENT IN MAY 2017.MAY LOAD FACTOR 84.6 PERCENT VERSUS 85.4 PERCENT YEAR AGO.  Full Article

Southwest Airlines April 2018 Load Factor Was 82.5 Pct Vs 84 Pct
Tuesday, 8 May 2018 06:30am EDT 

May 8 (Reuters) - Southwest Airlines Co ::SOUTHWEST AIRLINES REPORTS APRIL TRAFFIC.FLEW 11.2 BILLION REVENUE PASSENGER MILES (RPMS) IN APRIL 2018, A SLIGHT DECREASE FROM 11.2 BILLION RPMS FLOWN IN APRIL 2017.AVAILABLE SEAT MILES INCREASED 1.5 PERCENT TO 13.6 BILLION IN APRIL 2018, COMPARED WITH APRIL 2017 ASMS OF 13.4 BILLION.APRIL 2018 LOAD FACTOR WAS 82.5 PERCENT, COMPARED WITH 84.0 PERCENT IN APRIL 2017.  Full Article

Southwest Airlines Reports March Load Factor 85.1 Pct Vs 84.1 Pct Year Ago
Friday, 6 Apr 2018 06:30am EDT 

April 6 (Reuters) - Southwest Airlines Co ::SOUTHWEST AIRLINES REPORTS MARCH TRAFFIC.SOUTHWEST AIRLINES CO <<>> MARCH LOAD FACTOR 85.1 PCT VS 84.1 PCT YR AGO.SOUTHWEST AIRLINES CO - FLEW 11.7 BLN REV PASSENGER MILES (RPMS) IN MARCH 2018, UP 3.7 PERCENT FROM 11.3 BLN RPMS FLOWN IN MARCH 2017.SOUTHWEST AIRLINES CO - AVAILABLE SEAT MILES (ASMS) INCREASED 2.4 PERCENT TO 13.8 BLN IN MARCH 2018.  Full Article

SouthWest Airlines Says Recast Certain 2016, 2017 Financial Info To Reflect Expected Effects Of Adoption Of New Revenue Standard
Wednesday, 21 Mar 2018 06:11am EDT 

March 21 (Reuters) - Southwest Airlines Co ::SOUTHWEST AIRLINES SAYS RECAST CERTAIN 2016, 2017 FINANCIAL INFO TO REFLECT EXPECTED EFFECTS OF ADOPTION OF NEW REVENUE STANDARD - SEC FILING.SOUTHWEST AIRLINES CO - BASED ON CURRENT BOOKING & REVENUE TRENDS, CO EXPECTS Q1 2018 RASM TO BE COMPARABLE WITH Q1 2017'S RASM OF 13.23 CENTS, AS RECAST‍​.SOUTHWEST AIRLINES - CURRENTLY EXPECTS IMPACT FROM REVENUE STANDARD TO BE IMMATERIAL TO Q1, ANNUAL 2018 Y-O-Y OPERATING RASM COMPARISONS.SOUTHWEST AIRLINES CO - BASED ON FUEL DERIVATIVES CONTRACTS & MARKET PRICES AS OF MARCH 16, CO EXPECTS Q1 2018 FUEL COSTS TO BE ABOUT $2.10 PER GALLON‍​.SOUTHWEST AIRLINES - CO'S Q1 2018 EXPECTATION FOR FUEL COSTS TO BE ABOUT $2.10 PER GALLON, INCLUDE ABOUT $.07 PER GALLON IN FUEL HEDGING PREMIUM EXPENSE.  Full Article

Southwest Airlines February Load Factor 81 Pct Vs 79 Pct Year Ago
Thursday, 8 Mar 2018 06:30am EST 

March 8 (Reuters) - Southwest Airlines Co ::SOUTHWEST AIRLINES REPORTS FEBRUARY TRAFFIC.FEBRUARY LOAD FACTOR 81.0 PERCENT VERSUS 79.0 PERCENT YEAR AGO.AVAILABLE SEAT MILES (ASMS) INCREASED 1.0 PERCENT TO 11.1 BILLION IN FEBRUARY 2018, COMPARED WITH FEBRUARY 2017 ASMS OF 11.0 BILLION.FLEW 9.0 BILLION REVENUE PASSENGER MILES IN FEBRUARY 2018, AN INCREASE OF 3.5 PERCENT FROM 8.7 BILLION RPMS FLOWN IN FEBRUARY 2017.  Full Article

Southwest Airlines Co Files For Potential Mixed Shelf Offering; Size Not Disclosed
Friday, 9 Feb 2018 05:09pm EST 

Feb 9 (Reuters) - Southwest Airlines Co ::SOUTHWEST AIRLINES CO FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.  Full Article

Southwest Airlines Employees Earn $543 Million In 2017 Profitsharing
Thursday, 8 Feb 2018 10:00am EST 

Feb 8 (Reuters) - Southwest Airlines Co ::SOUTHWEST AIRLINES EMPLOYEES EARN $543 MILLION IN 2017 PROFITSHARING.SOUTHWEST AIRLINES CO - WILL PAY PART OF PROFITSHARING AWARD TO RETIREMENT PLAN AND PART IN CASH.  Full Article

Southwest Airlines Reports January Traffic
Wednesday, 7 Feb 2018 06:30am EST 

Feb 7 (Reuters) - Southwest Airlines Co ::SOUTHWEST AIRLINES REPORTS JANUARY TRAFFIC.SOUTHWEST AIRLINES CO - ‍FLEW 9.7 BILLION REVENUE PASSENGER MILES (RPMS) IN JANUARY 2018, AN INCREASE OF 4.0 PERCENT​.SOUTHWEST AIRLINES CO - ‍JANUARY 2018 LOAD FACTOR WAS A RECORD FOR MONTH OF JANUARY AT 77.8 PERCENT, COMPARED WITH 76.3 PERCENT IN JANUARY 2017​.SOUTHWEST AIRLINES CO - AVAILABLE SEAT MILES (ASMS) INCREASED 1.9 PERCENT TO 12.5 BILLION IN JANUARY 2018, COMPARED WITH JANUARY 2017 ASMS OF 12.3 BILLION.  Full Article

Boeing Debuts First 737 Max 7
Monday, 5 Feb 2018 09:06am EST 

Feb 5 (Reuters) - Boeing Co ::BOEING DEBUTS FIRST 737 MAX 7.BOEING - 737 MAX 7 IS SCHEDULED TO ENTER SERVICE IN 2019, FOLLOWING DELIVERY TO LAUNCH CUSTOMER SOUTHWEST AIRLINES.  Full Article

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United Continental raises fees for checked bags on certain routes

United Continental Holdings Inc on Friday increased its checked bag fees on routes to and from North America, the Caribbean and Central America, the company said, as it grapples with rising fuel costs.