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News Breaks | | | | October 5, 2012 | | 08:47 EDT |  | LUV | Southwest reports September traffic
The company flew 7.8B revenue passenger miles in September, compared to 7.9B RPMs flown in September 2011, a decrease of 2.1%. Available seat miles decreased 1% to 10.1B in September from 10.2B ASMs in September 2011. The September load factor was 77%, compared to 77.8% in September 2011. For September, passenger revenue per ASM is estimated to have decreased in the 2%-3% range as compared to September 2011. For third quarter, PRASM is estimated to have increased approximately 1% as compared to third quarter 2011. | |
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News For LUV From The Last 14 Days Check below for free stories on LUV the last two weeks. |
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| May 17, 2013 | | 09:31 EDT |  | LUV | Southwest upgraded to Outperform from Market Perform at Avondale
 Subscribe for More Information | | | May 16, 2013 | | 11:19 EDT |  | LUV | High option volume stocks: NM WWAV COCO DRYS LUV
Subscribe for More Information | | | May 15, 2013 | | 11:30 EDT | | LUV | Boeing confirms Southwest converts 30 orders to 737 Max 7s from 737s
Subscribe for More Information | | | 11:21 EDT | | LUV | Southwest revises aircraft delivery schedule
As a component of its AirTran integration, fleet modernization initiatives, and careful capital management, Southwest (LUV) has revised its aircraft delivery schedule. For 2014, five Boeing (BA) 737-700 firm orders have been converted to 737-800s, five options were exercised for -800 deliveries from Boeing, and five options to purchase Boeing Next Generation aircraft were relinquished. Five options in 2015 were also relinquished. Separately, the company has agreed to purchase ten pre-owned 737-700s for delivery in 2014 and 2015. Twelve 737NG options held by the company in 2014 and 2015, as well as 29 options in 2017 and 2018, were converted to 737 MAX options and deferred beyond 2024. The company also converted 30 Boeing 737NG firm orders in 2017 and 2018 to MAX firm orders and deferred them to 2019 through 2021. | | | 11:17 EDT | | LUV | Southwest raises quarterly dividend, announces accelerated share repurchase plan
Subscribe for More Information | | | 11:15 EDT | | LUV | Southwest raises quarterly dividend, announces accelerated share repurchase plan
| | | May 10, 2013 | | 06:47 EDT |  | LUV | Delta says airlines have new priorities, NY Times reports
Delta Air Lines' bright, spacious new terminal at New York's Kennedy Airport reflects airlines' new emphasis on better amenities and service, Delta stated, according to the New York Times. The airlines, whose finances have improved, are no longer competing primarily based on price, the newspaper stated. Reference Link | | | May 8, 2013 | | 05:44 EDT | | LUV | U.S. airlines' restructuring means less routes, WSJ reports
A decade of restructuring in the U.S. airline industry has resulted in a sharp reduction in air service that is curtailing traveler choice and some local economies even as it improves the industry's health, an MIT study shows, reports the Wall Street Journal. From 2007 through last year, U.S. airlines cut the number of scheduled domestic flights by 14%. The number of seats offered fell by slightly less, as airlines pushed passengers onto bigger planes, says the study. Reference Link | | | May 7, 2013 | | 08:46 EDT | | LUV | Southwest reports April traffic
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