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Stock Market & Financial Investment News

News Breaks
February 8, 2013
12:38 EDTLUVSouthwest canceling Northeast flights ahead of winter storm
The company said on its site: "Southwest Airlines is monitoring the winter weather in the Northeast. Based on forecasted conditions, we have made some adjustments to our scheduled service for Friday, February 8 and Saturday, February 9." Reference Link
News For LUV From The Last 14 Days
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October 21, 2014
07:30 EDTLUVU.S. airlines raise domestic one-way fares by $2 on average, Reuters reports
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October 16, 2014
07:54 EDTLUVSouthwest volatility elevated into Q3 results
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October 15, 2014
14:05 EDTLUVSouthwest upgraded to Outperform from Peer Perform at Wolfe Research
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12:46 EDTLUVAirline stocks down following report that second ebola patient traveled on plane
The CDC announced earlier that a second health care worker who has been diagnosed with the Ebola virus traveled by air on October 13, a day before she reported symptoms. The CDC is reaching out to passengers who flew on Frontier Airlines flight 1143 Cleveland to Dallas/Fort Worth due to the proximity in time between the evening flight and first report of illness the following morning. Publicly traded companies in the space are trading lower following the report, including American Airlines (AAL) down 3.65% to $30.35, Delta Air Lines (DAL) down 4.39% to $31.37, JetBlue (JBLU) down 2.69% to $9.95, Southwest (LUV) down 2.5% to $29.24, and United Continental (UAL) down 5.5% to $40.66. Reference Link
07:36 EDTLUVSouthwest overseas expansion brings opportunity, growing pains, WSJ says
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October 10, 2014
15:42 EDTLUVPlane held on Las Vegas tarmac over Ebola scare, Reuters reports
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October 8, 2014
08:46 EDTLUVSouthwest reports September RPMs up 5.1% to 8.3B
Southwest announced that the company flew 8.3 billion revenue passenger miles in September 2014, a 5.1% increase from the 7.9B RPMs flown in September 2013. Available seat miles increased 0.7% to 10.3B from the September 2013 level of 10.2B. The September 2014 load factor was 80.5%, compared to 77.1% in September 2013. For September, passenger revenue per ASM is estimated to have increased approximately 5% as compared to September 2013. For the third quarter of 2014, the Company flew 28.5B RPMs, compared to 27B RPMs flown for the same period in 2013, an increase of 5.6%. Third quarter 2014 ASMs increased 1.1% to 33.8B from third quarter 2013 ASMs of 33.4B . The third quarter 2014 load factor was 84.4%, compared to 80.8% for the same period in 2013.

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