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Bank of America downgrades Southwest Airlines (LUV) to Underperform on concerns over weak...

Bank of America downgrades Southwest Airlines (LUV) to Underperform on concerns over weak domestic travel and higher fuel costs. The economic slowdown has slowed business travel to the point that a key sector metric - passenger revenue per available seat mile - could show negative year-over-year growth for the first time since 2009 in September.
Comments (1)
  • MikeCarr
    , contributor
    Comments (4) | Send Message
     
    Time to short Bank of America. Southwest still the best airline company in the business!
    14 Aug 2012, 11:56 AM Reply Like
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