Southwest Airlines lifts Q3 revenue outlook, authorizes $2.5 bn share buyback plan
Shares in Southwest Airlines (NYSE:LUV) rose in premarket US trading on Thursday after the low-cost US carrier lifted its third-quarter outlook for revenue per available seat miles. The company said on Thursday it now
Southwest Airlines Soars on New Revenue Outlook, Stock Buybacks
Southwest Airlines stock is higher after the air carrier announced several initiatives, including a big share repurchase program. Here's what you need to know.
Southwest Airlines authorizes $2.5 billion stock buyback, announces changes for customers
Southwest Airlines Thursday authorized $2.5 billion for stock buybacks to defeat a bid from activist shareholder hedge fund Elliot Management. Southwest shares rose roughly 10% on news of the action.
Southwest Airlines gains after guidance update, buyback announcement
Southwest Airlines Co. (NYSE:LUV) provided a guidance update on Thursday ahead of the airline company's Investor Day event later on Thursday. For Q3, Southwest Airlines (LUV) expects to see revenue per available seat mile rise 2% to 3% year-over-year,
Southwest Airlines announces a flurry of new initiatives for the coming years
Southwest Airlines is sharing its vision for the coming years this week at its Investor Day. And while some initiatives will reportedly bring the company up to speed with competitors, the Dallas airline is digging its heels in at least one fan-favorite program.
Airline Stocks Take Off After Southwest Lays Out Vision at Investor Day
Shares of major airlines took off in early trading Thursday in what appeared to be a response to gains made by Southwest Airlines on plans detailed at its investor day. Shares of Southwest rose 10% to $31.
Southwest Airlines Stock Soars After It Lays Out Overhaul
The move, including service enhancements and share buybacks, came after the hedge fund Elliott Management called for cost savings and better profits.
What's Going On With American Airlines Stock Thursday?
American Airlines Group, Inc. (NASDAQ:AAL) shares are trading higher on Thursday in sympathy with Southwest Airlines Company ...
An Updated Outlook and a Stock Buyback Plan Send Southwest Soaring
Southwest Airlines shares jumped Thursday as the airline announced a new $2.5 billion stock buyback plan and updated ...
Southwest Airlines raises third-quarter revenue forecast
Southwest Airlines on Thursday raised its third-quarter forecast for revenue per available seat miles (RASM), a proxy for ...
Southwest Will Keep Bags Flying Free As Part Of New "Even Better" Plan
Engaged in a proxy war with an activist investor, Southwest Airlines has unveiled its plan, marketed as Southwest. Even ...
3 Incredibly Cheap Industrial Stocks to Buy Now
An airline stock, a workflow technology stock, and a housing materials stock make up a list of great value stocks to buy now.
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Breeze Airways Reports Consistent Revenue Growth After Three Years Of Service
U.S. carrier Breeze Airways, which passed its third anniversary in service in May, has seen “tremendous” revenue growth in ...
Southwest Airlines' chairman to retire, board to be overhauled amid activist pressure
The airline's chairman plans to voluntarily step down from the board. but that's only the start of the changes announced ...
Here's What Delta Air Lines' Big News Means to Investors
The devil is in the details. Despite some mixed-headline numbers from Delta Air Lines' ( DAL 0.31%) latest investor update, ...
Alaska Airlines Lifts Its Outlook, Thanks to CrowdStrike and Lower Fuel Costs
Alaska Airlines said Thursday that it expects third-quarter revenue and profits to be higher than previously projected, ...
Southwest Airlines making changes to boost profits
Southwest Airlines' leaders are expected to lay out plans to boost profits at a meeting with investors. The Dallas-based ...