JetBlue (JBLU) and Southwest Airlines (LUV) edged lower on Friday after BofA Global Research downgraded both stocks to ‘Underperform’ from ‘Neutral’. According to TheFly, the BofA analyst said both airlines trade at the high end of historical valuation ranges despite less exposure to "the strongest industry trends.
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Hundreds of Flights Canceled, Airlines Issue Waivers as Winter Storm Enzo Continues to Wreak HavocLess than two weeks after Winter Storm Cora grounded flights throughout the Gulf Coast, Winter Storm Enzo has caused hundreds of flight cancellations and even more delays.
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Southwest Points Are On Sale Right Now — What to KnowIt’s possible to score Southwest Rapid Rewards points at a much lower rate right now thanks to the airline’s newest sale.
Airline stocks were mixed on Friday after Bank of America upgraded American Airlines Group Inc. and downgraded Southwest Airlines Co. and JetBlue Airways Corp., predicting that the network carriers will continue to outperform low-cost airlines due to demand for premium travel.
The US Department of Transportation (USDOT) is suing Southwest Airlines for “illegally operating multiple chronically delayed flights and disrupting passengers’ travel,” according to a press release.
The DOT filed a lawsuit against Southwest Airlines, citing a pattern of chronic delays, as the government pushes for stricter accountability.
The Transportation Department is stepping up enforcement of persistent flight delays with a civil lawsuit against Southwest Airlines and a fine against Frontier Airlines.
A lawsuit filed against Southwest alleges the airline operated multiple “chronically delayed” flights affecting thousands of passengers.
Airline stocks were mixed on Friday after Bank of America upgraded American Airlines Group Inc. and downgraded Southwest Airlines Co. and JetBlue Airways Corp., predicting that the network ...
Wall Street expects a year-over-year increase in earnings on higher revenues when Southwest Airlines (LUV) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture,
Airlines have a legal obligation to ensure that their flight schedules provide travelers with realistic departure and arrival times,” Transportation Secretary Pete Buttigieg said in a
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