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Southwest Airlines CEO Talks Long-Term Rebound
Thursday, October 22, 2020 - 9:50am | 274Read More...Southwest Airlines Co. (NYSE: LUV) CEO Gary Kelly was on CNBC Thursday morning to discuss the travel demand rebound following the COVID-19 pandemic. Southwest Airlines reported quarterly losses of $1.99 per share, which beat the analyst consensus estimate of a $2.35 loss. The company...
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Airlines Fight To Exit 'Intensive Care'
Tuesday, June 2, 2020 - 10:28am | 2000Read More...Despite signs of modest improvement in passenger traffic and the lifting of many coronavirus restrictions, airlines aren't relaxing efforts to shore up balance sheets and restructure in hopes of remaining solvent until demand returns in a meaningful way years from now. Since Friday, several U.S....
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Southwest Airlines CEO On 'Breathtaking' March Declines, Financial Plans
Tuesday, April 28, 2020 - 2:35pm | 530Read More...Southwest Airlines Co (NYSE: LUV) was flying high in January and the beginning of February, but started to see signs of the effect of the coronavirus at the end of February, CEO Gary Kelly said on CNBC's "Squawk Box." Southwest Sees 'Breathtaking' Traffic Decline By the...
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Airliners Express Mixed Support For Trump's Call To Privatize Air Traffic Control
Wednesday, June 7, 2017 - 12:09pm | 477Read More...Delta Air Lines, Inc. (NYSE: DAL) long opposed the privatization of air traffic control, claiming that such a move would prompt 20- to 29-percent price hikes in air travel and disrupt present progress toward improvements. “Any effort to separate the ATO [Air Traffic Organization] from the FAA...
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Digging Into Stifel's 'Frequent Flyer' Monitor
Monday, June 8, 2015 - 11:01am | 528Read More...In a report published Monday, Stifel analyst Joseph DeNardi discussed "frequent flyer" airline and air travel related events he is following. Thoughts From Alaska Air Meetings DeNardi hosted Alaska Air Group, Inc. (NYSE: ALK)'s management for a meeting and offered the following...
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Southwest CEO Gary Kelly Explains Why They Don't Charge For Bags
Thursday, November 20, 2014 - 1:47pm | 320Read More...Southwest Airlines Co (NYSE: LUV) has always been a marquee brand thanks to the ‘unconventional’ advertising methods it used in the past. However, it’s not one of those companies that charge extra for the ‘brand value,’ but instead it remains perhaps the only airline...
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Southwest Airlines to Acquire AirTran
Monday, September 27, 2010 - 5:59am | 265Read More...Southwest Airlines (NYSE: LUV) announced today that it has entered into a definitive agreement to acquire all of the outstanding common stock of AirTran Holdings, Inc. (NYSE: AAI), the parent company of AirTran Airways (AirTran), for a combination of cash and Southwest Airlines' common stock. At...
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Southwest Airlines (LUV) Beats Market Expectations
Friday, January 22, 2010 - 12:55am | 111Read More...Southwest Airlines (NYSE: LUV) posted above-expectation results for the 4th quarter of CY2009. Talking with CNBC, Southwest Airlines’s Chairman and CEO Gary Kelly said that the company has registered an EPS of $0.10, excluding some items, beating the market consensus of $0.07. Although he...
