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Southwest Airlines Co (LUV)

LUV on New York Consolidated

55.09USD
22 Nov 2017
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$-0.34 (-0.61%)
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Latest Key Developments (Source: Significant Developments)

Southwest Airlines facilities maintenance technicians vote to ratify agreement
Thursday, 16 Nov 2017 05:00pm EST 

Nov 16 (Reuters) - Southwest Airlines Co :Southwest Airlines facilities maintenance technicians vote to ratify agreement.Southwest Airlines Co - ‍New five-year contract includes a complete set of work rules, wage scale, ratification bonus, and job protections​.  Full Article

Southwest Airlines reports october traffic
Wednesday, 8 Nov 2017 06:30am EST 

Nov 8 (Reuters) - Southwest Airlines Co :Southwest Airlines reports october traffic.Southwest Airlines Co - ‍company flew 10.7 billion revenue passenger miles (RPMS) in October 2017, an increase of 1.9 percent​.Southwest Airlines Co - ‍available seat miles (ASMS) increased 1.7 percent to 12.4 billion in October 2017, compared with october 2016 ASMS of 12.2 billion​.Southwest Airlines Co - ‍October 2017 load factor was 85.8 percent, compared with 85.7 percent in October 2016​.Southwest Airlines Co - ‍continues to expect its Q4 2017 operating revenue per asm (RASM) to increase in range of up slightly to 1.5 percent​.  Full Article

Southwest Airlines says Q4 yield environment appears to be improved
Thursday, 26 Oct 2017 01:35pm EDT 

Oct 26 (Reuters) - Southwest Airlines Co ::Yield environment for Q4 appears to be improved compared to‍​ Q3 - CEO on conf call.Sees positive unit revenue growth for 2018 compared to 2017 - CEO on conf call.Expect freight revenue and other revenues to increase year-over-year in Q4 - conf call.Southwest Airlines - expects 2018 costs per available seat mile, excluding fuel, profit sharing and special items, to be flat versus previous expectation of lower costs.  Full Article

Southwest reports third quarter profit
Thursday, 26 Oct 2017 06:30am EDT 

Oct 26 (Reuters) - Southwest Airlines Co :Southwest reports third quarter profit.Q3 earnings per share $0.88 excluding items.Q3 earnings per share $0.84.Q3 revenue $5.3 billion versus I/B/E/S view $5.31 billion.Q3 earnings per share view $0.87 -- Thomson Reuters I/B/E/S.Southwest Airlines Co - qtrly load factor ‍84.8​ percent versus 85.3 percent last year.Southwest Airlines Co qtrly revenue passenger miles of 33.13 ‍​billion versus 32.32 billion last year.Southwest Airlines Co - qtrly total operating revenues $5,271​ million versus. $5,139 million last year.Southwest Airlines Co - ‍as a result of hurricanes Harvey and Irma and earthquakes, canceled 5,000 flights reducing revenue by about $100 million in Q3.Southwest Airlines Co qtrly available seat miles of ‍​ 39.05 billion versus 37.88 billion last year.Southwest Airlines Co - ‍company expects Q4 2017 RASM to increase in range of up slightly to up 1.5 percent, as compared with Q4 2016​.Southwest Airlines - sees Q4 unit costs, excluding fuel & oil expense, special items, profitsharing expense, to be in range of flat to up 1.5 percent, Y-o-Y​.Southwest Airlines - ‍continues to expect benefits from new reservation system to produce improvements in pre-tax results of about $200 million in 2018​.Southwest Airlines Co - ‍company currently expects its Q4 2017 available seat miles to increase in one to two percent range​.  Full Article

Southwest Airlines reports September traffic
Friday, 6 Oct 2017 06:30am EDT 

Oct 6 (Reuters) - Southwest Airlines Co ::Southwest airlines reports september traffic.Says ‍preliminary Q3 Revenue Passenger Miles 33.13 billion, up 2.5 percent​.Says September load factor 81.7 percent versus 84.2 percent a year ago.Says co continues to estimate its Q3 2017 operating Revenue Per ASM (RASM) to be flat to down one percent, as compared with Q3 2016​.Says flew 9.5 billion rpms in september 2017, a decrease of 4.5 percent from 9.9 billion RPMS flown in september 2016​.Says September ‍available seat miles 11.61 billion versus 11.80 billion a year ago​.Says ‍‍preliminary Q3 load factor 84.8% versus 85.3%​.Says ‍preliminary Q3 Available Seat Miles 39.05 billion versus 37.88 billion a year ago​.  Full Article

Southwest Airlines provides revised estimates to reflect impacts from hurricanes and earthquakes
Thursday, 28 Sep 2017 06:45am EDT 

Sept 28 (Reuters) - Southwest Airlines Co :Southwest Airlines Co - ‍providing revised estimates of financial, operational trends to reflect impacts from hurricanes and earthquakes during Q3 2017​.Southwest Airlines Co - company has canceled approximately 5,000 flights through September 27, 2017 due to impacts from natural disasters.Southwest Airlines Co - company now expects its Q3 2017 available seat miles to increase approximately three percent, year-over-year.Southwest Airlines Co - currently estimates negative impact to Q3 2017 operating revenues of approximately $100 million as a result of natural disasters​.Southwest Airlines Co says continues to expect its Q3 2017 economic fuel costs to be in $2.00 to $2.05 per gallon range​ - SEC filing.Southwest Airlines - expects Q3 2017 operating expense per available seat mile (CASM), excluding fuel and oil expense to increase in 3 to 4 percent range.Southwest Airlines Co - now expects its Q3 2017 operating revenue per available seat mile (RASM) to be flat to down one percent, compared with Q3 2016​.  Full Article

Southwest Airlines reports August traffic
Friday, 8 Sep 2017 06:30am EDT 

Sept 8 (Reuters) - Southwest Airlines Co :Southwest Airlines reports August traffic.Southwest Airlines Co - ‍available seat miles (asms) increased 4.9 percent to 13.3 billion in august 2017, compared with august 2016 asms of 12.7 billion​.Southwest Airlines Co- august revenue passenger miles 11.3 billion, up 5.3 percent.Southwest Airlines - ‍estimated impact from hurricane harvey, current industry revenue environment expects Q3 operating rasm to be in range of down 1 percent to slightly up, yoy​.Southwest Airlines Co - August 2017 load factor 84.9% versus 84.6%.  Full Article

Southwest Airlines Co canceled approximately 2,800 flights due to the impact from Hurricane Harvey
Wednesday, 6 Sep 2017 05:05pm EDT 

Sept 6 (Reuters) - Southwest Airlines Co ::Southwest Airlines Co - company canceled approximately 2,800 flights due to the impact from Hurricane Harvey .Southwest Airlines now expects its Q3 2017 operating revenue per available seat mile (RASM) to be in the range of down one percent to slightly up‍​.Southwest Airlines Co - the company now expects its third quarter 2017 economic fuel costs to be in the $2.00 to $2.05 per gallon rang‍​.Southwest Airlines Co - continues to expect its third quarter 2017 unit costs to increase in the two to three percent range, year-over-year.Southwest Airlines Co - continues to expect its fourth quarter 2017 capacity to increase in the one to two percent range, year-over-year.Southwest Airlines Co - with impact of Hurricane Harvey, co now expects its Q3 2017 available seat miles to increase in 3.5 to 4.0 percent range.Southwest Airlines Co - continues to estimate its 2017 capital expenditures will be about $2.3 billion, with approximately $1.4 billion in aircraft spending.Southwest Airlines - continues to expect year-over-year available seat mile (ASM) growth in first half 2018 to be less than four percent.Southwest Airlines - continues to expect full year 2018 year-over-year asm growth to be less than its 2016 year-over-year asm growth of 5.7 percent.  Full Article

Southwest Airlines adds flights throughout California
Monday, 28 Aug 2017 01:30pm EDT 

Aug 28 (Reuters) - Southwest Airlines Co :Southwest airlines co - ‍adds flights throughout California effective March 2018 onwards​.Southwest airlines co - airline adds 19 new routes from California cities; adds international service to San Jose, Sacramento, Columbus and New Orleans.  Full Article

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