Stock of the Day

Southwest Airlines (LUV)

$29.80

-$0.81 (-2.7%)

Market Cap: $18.14B

About Southwest Airlines

Southwest Airlines Co. operates as a passenger airline company that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2023, the company operated a total fleet of 817 Boeing 737 aircraft; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos.

It also provides inflight entertainment and connectivity services on Wi-Fi enabled aircraft; and Rapid Rewards loyalty program that enables program members to earn points for dollars spent on Southwest base fares. In addition, the company offers a suite of digital platforms to support customers' travel needs, including websites and apps; and SWABIZ, an online booking tool. Further, it provides ancillary services, such as Southwest's EarlyBird Check-In, upgraded boarding, and transportation of pets and unaccompanied minors. Southwest Airlines Co. was incorporated in 1967 and is headquartered in Dallas, Texas.

Recent News

• Southwest cuts flights at its busiest airport, but in Denver 'for the long haul' (msn.com)
• Southwest layoffs: LUV stock price rises as airline slashes corporate workforce in ‘transformational plan’ (msn.com)
• Elliott Investment Management Drives Southwest’s Historic 1,750 Job Layoffs (talkmarkets.com)
• Hot or Not, Stock Market Edition: 02/21/2025 (wallstreetzen.com)
• Southwest Airlines Q4 Earnings Transcript (marketbeat.com)
• Southwest's layoffs dent its worker-first culture (reuters.com)
• Southwest Airlines transformation chief Ryan Green to step down (reuters.com)
• Southwest to lay off 15% of corporate staff amid rising Wall Street pressure to slash costs (nypost.com)
• Southwest pact boosts Elliott max exposure to 19.9% from 14.9% (msn.com)
• Southwest Airlines Could Fly High On Demand Growth, But Needs To Improve Margins (seekingalpha.com)