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Southwest Airlines Co (LUV.N)

LUV.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Southwest Airlines Continues To See Q4 Oper RASM To Be Up In 1 To 2 Pct Range
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - Southwest Airlines Co ::SOUTHWEST AIRLINES - CONTINUES TO EXPECT ITS Q4 2018 OPERATING REVENUE PER AVAILABLE SEAT MILE TO INCREASE IN ONE TO TWO PERCENT RANGE, Y-O-Y.SOUTHWEST AIRLINES - CONTINUES TO EXPECT ITS Q4 CASM, EXCLUDING FUEL AND OIL EXPENSE AND PROFITSHARING EXPENSE, TO BE FLAT TO UP ONE PERCENT.SOUTHWEST AIRLINES CO - CONTINUES TO EXPECT Q4 YEAR-OVER-YEAR AVAILABLE SEAT MILE GROWTH TO BE IN THE 6 TO 6.5 PERCENT RANGE.SOUTHWEST AIRLINES CO - NOW EXPECTS Q4 2018 FUEL COSTS TO BE IN RANGE OF $2.25 TO $2.30 PER GALLON.SOUTHWEST AIRLINES SAYS COMPANY HAS CONTINUED TO EXPERIENCE "STABLE UNIT REVENUE TRENDS" DURING Q4 2018 - SEC FILING.SOUTHWEST AIRLINES - CONTINUES TO EXPECT $80 MILLION TO $90 MILLION OF YEAR-OVER-YEAR IMPROVEMENT IN FOURTH QUARTER 2018 PRE-TAX RESULTS.  Full Article

Southwest Airlines November Load Factor 84.5 Percent Versus 85.8 Percent Year Ago
Friday, 7 Dec 2018 

Southwest Airlines Co ::SOUTHWEST AIRLINES REPORTS NOVEMBER TRAFFIC.NOVEMBER LOAD FACTOR 84.5 PERCENT VERSUS 85.8 PERCENT YEAR AGO.FLEW 11.3 BILLION REVENUE PASSENGER MILES (RPMS) IN NOVEMBER 2018, AN INCREASE OF 4.9 PERCENT.AVAILABLE SEAT MILES (ASMS) INCREASED 6.5 PERCENT TO 13.4 BILLION IN NOVEMBER 2018.SOUTHWEST AIRLINES - FLEW 11.3 BILLION REVENUE PASSENGER MILES (RPMS) IN NOVEMBER 2018, UP 4.9 PERCENT FROM 10.8 BILLION RPMS FLOWN IN NOVEMBER 2017.  Full Article

Southwest Promotes Marilyn Post To Managing Director, Deputy General Counsel & Corporate Secretary
Friday, 16 Nov 2018 

Nov 16 (Reuters) - Southwest Airlines Co ::SOUTHWEST AIRLINES ANNOUNCES SEVERAL LEADERSHIP PROMOTIONS FROM WITHIN THE COMPANY'S RANKS.SOUTHWEST AIRLINES CO - PROMOTED MARILYN POST TO MANAGING DIRECTOR, DEPUTY GENERAL COUNSEL AND CORPORATE SECRETARY.  Full Article

Southwest Airlines Reports October Traffic
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - Southwest Airlines Co ::SOUTHWEST AIRLINES REPORTS OCTOBER TRAFFIC.OCTOBER LOAD FACTOR 84.5 PERCENT VERSUS 85.8 PERCENT YEAR AGO.COMPANY FLEW 11.3 BILLION REVENUE PASSENGER MILES (RPMS) IN OCTOBER 2018.AVAILABLE SEAT MILES (ASMS) INCREASED 7.7 PERCENT TO 13.4 BILLION IN OCTOBER 2018.  Full Article

Southwest Airlines CEO Says Time Has Come To Focus On Costs After Modernizing Fleet
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Southwest Airlines Co ::SOUTHWEST AIRLINES CEO SAYS TIME HAS COME TO FOCUS ON COSTS AFTER MODERNIZING FLEET.SOUTHWEST AIRLINES CEO SAYS EXPECTS TO 'AT LEAST SUSTAIN, HOPEFULLY GROW' MARGINS NEXT YEAR.SOUTHWEST AIRLINES CEO SAYS 'ABSOLUTELY' WORKING TO IDENTIFY NEW REVENUE STREAMS.SOUTHWEST AIRLINES CEO SAYS NO PLAN TO START CHARGING FEES FOR BAGS OR TICKET CHANGES.  Full Article

Southwest Airlines Qtrly EPS $1.08
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Southwest Airlines Co ::‍​QTRLY EARNINGS PER SHARE $1.08; QTRLY TOTAL OPERATING REVENUE UP 5.1 PERCENT TO $5.58 BILLION.QTRLY OPERATING RASM UP 1.2 PERCENT.Q3 EARNINGS PER SHARE VIEW $1.06, REVENUE VIEW $5.57 BILLION -- THOMSON REUTERS I/B/E/S.CONTINUES TO ESTIMATE ANNUAL 2018 CAPITAL EXPENDITURES TO BE $2 BILLION-$2.1 BILLION.FOR 2019, CAPITAL EXPENDITURES EXPECTED TO BE SIMILAR TO 2018 LEVELS.EXPECT TO END 2018 WITH 751 AIRCRAFT IN FLEET BASED ON CURRENT AIRCRAFT DELIVERY SCHEDULE.SEES 2018 ASM GROWTH OF ABOUT 4 PERCENT, SLIGHTLY LOWER THAN PREVIOUSLY EXPECTED.SEES IMMATERIAL IMPACT TO Q4, 2018 RASM TRENDS DUE TO NEW REVENUE STANDARD.SEES Q4 RASM UP 1 PERCENT-2 PERCENT.SEES Q4 ECONOMIC FUEL COSTS OF $2.30 PER GALLON-$2.35 PER GALLON.SEES 2019 ECONOMIC FUEL COSTS OF $2.35 PER GALLON-$2.40 PER GALLON.SEES Q4 CASM, EXCLUDING. FUEL AND OIL EXPENSE AND PROFIT SHARING EXPENSE, TO BE FLAT TO UP 1 PERCENT.SEES MODEST INFLATION IN ANNUAL 2018 UNIT COSTS, EXCLUDING. FUEL AND OIL EXPENSE AND PROFIT SHARING EXPENSE."WELL-POSITIONED FOR YEAR-OVER-YEAR UNIT REVENUE GROWTH IN 2019".FOR NEXT YEAR, HAWAII IS EXPANSION FOCUS; SEES 2019 ASMS TO INCREASE UP TO 5 PERCENT.  Full Article

Southwest Airlines Expects Q3 RASM To Increase 1-1.5 Pct
Wednesday, 12 Sep 2018 

Sept 12 (Reuters) - Southwest Airlines Co ::SOUTHWEST AIRLINES CO - NOW EXPECTS ITS Q3 2018 YEAR-OVER-YEAR AVAILABLE SEAT MILE (ASM) GROWTH TO BE IN 3.5 TO 4 PERCENT RANGE.SOUTHWEST AIRLINES CO - EXPERIENCED CONTINUED PASSENGER REVENUE MOMENTUM DURING Q3 2018.SOUTHWEST AIRLINES - ESTIMATES A 0.5 TO 1.0-POINT YEAR-OVER-YEAR BENEFIT TO ITS Q3 2018 OPERATING REVENUE PER ASM (RASM) - SEC FILING.SOUTHWEST AIRLINES CO - CONTINUES TO EXPECT A $70 MILLION TO $80 MILLION PRETAX BENEFIT IN Q3 2018.SOUTHWEST AIRLINES CO - NOW EXPECTS ITS Q3 2018 RASM TO INCREASE IN 1 TO 1.5 PERCENT RANGE.SOUTHWEST AIRLINES CO - CONTINUES TO MONITOR PROGRESS AND PROJECTED PATHS OF HURRICANE FLORENCE AND OTHER KNOWN TROPICAL WEATHER SYSTEMS - SEC FILING.SOUTHWEST AIRLINES CO - CONTINUES TO EXPECT Q3 2018 FUEL COSTS TO BE ABOUT $2.25 PER GALLON.SOUTHWEST AIRLINES - CANCELED NEARLY 2,000 FLIGHTS IN JULY AND AUGUST DUE TO THUNDERSTORMS & WEATHER-RELATED DISRUPTIONS.SOUTHWEST AIRLINES CO - AS RESULT OF CANCELLATIONS, NOW EXPECTS Q3 2018 YEAR-OVER-YEAR AVAILABLE SEAT MILE (ASM) GROWTH TO BE IN 3.5 TO 4 PERCENT RANGE.  Full Article

Southwest Airlines Reports August Load Factor of 84.3 pct
Wednesday, 12 Sep 2018 

Sept 12 (Reuters) - Southwest Airlines Co ::SOUTHWEST AIRLINES REPORTS AUGUST TRAFFIC.AUGUST LOAD FACTOR 84.3 PERCENT VERSUS 84.9 PERCENT YEAR AGO.SAYS COMPANY FLEW 11.4 BILLION REVENUE PASSENGER MILES (RPMS) IN AUGUST 2018, AN INCREASE OF 1.3 PERCENT.SAYS AVAILABLE SEAT MILES (ASMS) INCREASED 2.0 PERCENT TO 13.5 BILLION IN AUGUST 2018.  Full Article

Southwest Airlines Reports July Traffic
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - Southwest Airlines Co ::SOUTHWEST AIRLINES REPORTS JULY TRAFFIC.SOUTHWEST AIRLINES CO - FLEW 12.6 BILLION REVENUE PASSENGER MILES (RPMS) IN JULY 2018, AN INCREASE OF 2.1 PERCENT.SOUTHWEST AIRLINES CO - AVAILABLE SEAT MILES (ASMS) INCREASED 3.2 PERCENT TO 14.6 BILLION IN JULY 2018.SOUTHWEST AIRLINES CO - JULY 2018 LOAD FACTOR WAS 86.3 PERCENT, COMPARED WITH 87.3 PERCENT.  Full Article

Southwest Airlines Says Sees Solid Q4 Demand, Strength In Yields
Thursday, 26 Jul 2018 

Southwest Airlines Co ::CEO SAYS BUSINESS EFFECTS OF APRIL ACCIDENT ARE NOW BEHIND THE AIRLINE.SAYS SEES SOLID Q4 DEMAND, STRENGTH IN YIELDS.  Full Article

UPDATE 2-Delta Air Lines says wider fare variety will boost revenues

Dec 13 U.S. carrier Delta Air Lines Inc said a wider variety of seating options and fares from basic economy to flat bed seats in first class will help revenues grow 4 to 6 percent in 2019, while fuel prices should drop by $300 million next year.