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Southwest Airlines Co - LUV STOCK NEWS

Welcome to our dedicated news page for Southwest Airlines Co (Ticker: LUV), a resource for investors and traders seeking the latest updates and insights on Southwest Airlines Co.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Southwest Airlines Co's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Southwest Airlines Co's position in the market.

Rhea-AI Summary
<p>Southwest Airlines Co. (NYSE: LUV) has extended its flight schedule through March 5, 2025, providing Customers with an unprecedented 300+ days booking window. This historic move aligns with traveler expectations, offering extended planning opportunities for vacations, leisure travel, and large-scale events. Southwest aims to enhance customer experience and flexibility, catering to Rapid Rewards® Members and Southwest Business Customers. The carrier's industry-standard time horizon signifies a strategic shift towards long-term travel planning, setting it apart as a competitive choice for travelers. Southwest Airlines continues its legacy of friendly, reliable, and low-cost air travel, focusing on customer satisfaction and innovation.</p>
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Rhea-AI Summary
Southwest Airlines Co. reported a net loss of $231 million in Q1 2024, with operating revenues reaching $6.3 billion. The company aims to address financial challenges due to aircraft delivery delays, market optimization, and cost control initiatives. Despite revenue growth, Boeing delays impact full-year revenue outlook. The Company plans to reduce capacity and retire aircraft to adjust to changing circumstances.
Rhea-AI Impact
Rhea-AI Sentiment
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-6.96%
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Southwest Airlines Flight Attendants, represented by the Transport Workers Union Local 556, have ratified a new collective bargaining agreement with industry-leading compensation increases and quality-of-life enhancements, including on-call scheduling and Company-paid maternity and parental leaves. The contract covering nearly 20,000 Flight Attendants becomes amendable in 2028. Since October 2022, 11 union-represented workgroups at the airline have also ratified new agreements.
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-0.54%
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Southwest Airlines Co. (NYSE: LUV) will discuss its first quarter 2024 financial results on April 25, 2024, with key executives leading the discussion. Investors can listen to the live webcast for insights into the company's performance.
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Rhea-AI Sentiment
End-of-Day
-0.54%
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Rhea-AI Summary
Southwest Airlines (LUV) will discuss its first quarter 2024 financial results on April 25, 2024, with key executives participating in the live webcast. Investors can access the webcast through the provided link for valuable insights into the company's performance.
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1.1%
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Southwest Airlines launches 'The Big Flex', a new brand campaign highlighting the carrier's flexible and customer-friendly policies, including two bags fly free, no change or cancellation fees, flight credits that don't expire, and points that don't expire. The campaign emphasizes choice, flexibility, low fares, and legendary hospitality.
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0.97%
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Southwest Airlines Co. (NYSE: LUV) nominates 14 candidates for the Board of Directors, including Lisa Atherton. The Board size will reduce to 14 members, with Ron Ricks and John Montford not seeking reelection. Lisa Atherton's nomination brings expertise in aviation, defense, and government contracting.
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1.32%
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Southwest Airlines (LUV) acquires SAFFiRE Renewables to advance sustainable aviation fuel technology, marking a significant step in their sustainability goals. SAFFiRE, supported by the DOE, aims to produce renewable ethanol from corn stover for SAF production.
Rhea-AI Impact
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-0.27%
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Southwest Airlines Co. (NYSE: LUV) reintroduces Companion Pass promotion for Rapid Rewards Members, allowing designated companions to fly for free with the purchase or redemption of points. Customers must register, purchase a qualifying flight, and travel by specific dates to avail of the offer. The promotion runs from March 25 to May 22, 2024, with travel validity until Oct. 2, 2024. Companion Pass holders can enjoy free flights with minimal fees. The offer aims to enhance customer experiences and create lasting memories through shared adventures.
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0.21%
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Southwest Airlines (LUV) announces ratified collective bargaining agreement for Ramp, Operations, Provisioning, and Cargo Agents, rewarding employees with compensation increases and benefits.
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-0.55%
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Southwest Airlines Co

NYSE:LUV

LUV Rankings

LUV Stock Data

16.48B
593.82M
0.34%
81.57%
2.69%
Scheduled Passenger Air Transportation
Transportation and Warehousing
Link
US
Dallas

About LUV

at southwest airlines we connect people to what’s important in their lives—that also means connecting our employees to what’s important in their lives! our employees value the opportunity to work hard, be creative, and have fun on the job.