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A Jefferies analyst says it's time to sell the shares, and slashed her price target to $20 from $28.
Southwest Airlines Co. (NYSE:LUV ) Q1 2024 Earnings Conference Call April 25, 2024 12:30 PM ET Company Participants Julia Landrum - Vice President of Investor Relations Robert Jordan - President & Chief Executive Officer Tammy Romo - Executive Vice President and Chief Financial Officer Ryan Green - Executive Vice President & Chief Commercial Officer Andrew Watterson - Chief Operating Officer Whitney Eichinger - Chief Communications Officer Conference Call Participants Michael Linenberg - Deutsche Bank David Vernon - Bernstein Research Duane Pfennigwerth - Evercore ISI Jamie Baker - JPMorgan Securities Inc Savanthi Syth - Raymond James & Associates Alexandria Skores - Dallas Morning News Mary Schlangenstein - Bloomberg News Alison Sider - Wall Street Journal Dawn Gilbertson - Wall Street Journal David Koenig - The Associated Press Leslie Josephs - CNBC Rajesh Singh - Reuters David Slotnick - TPG Operator Hello, everyone, and welcome to the Southwest Airlines First Quarter 2024 Conferenc
Sit down for this one, Southwest Airlines travelers: The airline carrier with a distinct seating policy has suggested it's rethinking its approach.
Southwest Airlines (LUV) raises 2024 economic fuel costs per gallon guidance to the range of $2.70 to $2.80 from $2.55 to $2.65.
Shares of Southwest Airlines (LUV) slumped to their lowest level this year Thursday as the carrier posted worse-than-expected quarterly results, cut its guidance, and took steps to save money as its growth was hampered by problems with deliveries of Boeing (BA) aircraft.
Renita Young checks in on Southwest Airlines earnings and cost-cutting plans. The embattled airline is planning to roll back its footprint at several airports, and plans to reduce capacity at 2 of the busiest airports in the U.S. For more, tune into this 1-minute recap of all things $LUV.
Southwest Airlines on Thursday posted a wider loss for the first quarter than the same period last year and warned that Boeing's airplane delays will hamper its growth into 2025.
Southwest posted results that were a little soft relative to expectations. The airline announced a series of cutbacks in response to issues sourcing new planes from Boeing.
CNBC's Phil LeBeau and Southwest Airlines CEO Bob Jordan join 'Squawk Box' to discuss the company's quarterly earnings results, impact of Boeing's delivery delays, the airline's decision to stop service at 5 airports, growth outlook, hiring freeze, and more.
Southwest stands apart other large airlines because it doesn't have seat assignments.