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Stock Market & Financial Investment News

News Breaks
December 7, 2012
08:47 EDTLUVSouthwest reports November traffic
The Company flew 8.1B revenue passenger miles in November, compared to 8.3B RPMs flown in November 2011, a decrease of 1.5%. Available seat miles increased 0.4% to 10.2B in November from 10.1B ASMs in November 2011. November load factor was 80%, compared to 81.6% in November 2011. For November 2012, passenger revenue per ASM is estimated to have increased approximately 1% compared to November 2011.
News For LUV From The Last 14 Days
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May 17, 2013
09:31 EDTLUVSouthwest upgraded to Outperform from Market Perform at Avondale
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May 16, 2013
11:19 EDTLUVHigh option volume stocks: NM WWAV COCO DRYS LUV
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May 15, 2013
11:30 EDTLUVBoeing confirms Southwest converts 30 orders to 737 Max 7s from 737s
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11:21 EDTLUVSouthwest 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 EDTLUVSouthwest raises quarterly dividend, announces accelerated share repurchase plan
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11:15 EDTLUVSouthwest raises quarterly dividend, announces accelerated share repurchase plan
May 10, 2013
06:47 EDTLUVDelta 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 EDTLUVU.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 EDTLUVSouthwest reports April traffic
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