Seeking Alpha

Southwest Airlines Co. (LUV)

  • Jan. 17, 2013, 8:48 AM
    Airfares in focus: United Continental (UAL) pushes through its second hike in fares this year with domestic pricing up by as much as $10 this week. The probing move drew in JetBlue (JBLU) already, but analysts think that unless Southwest Airlines (LUV) jumps on board, fare could slip back lower. (Previous: Barclays bullish on airliners)
    | Comment!
  • Jan. 17, 2013, 8:18 AM
    Flying high? Barclays is out with a positive note on the airline sector, saying stocks could rise 20% on a mix of higher fares and lower jet fuel prices. Investors should also keep an eye on the merger front. With all signs pointing to an eventual marriage between American Airlines and US Airways, future industry consolidation/partnerships could still be on tap. A particular focus will be on Washington DC to see if rules governing foreign ownership of U.S. carriers are relaxed.
    | Comment!
  • Jan. 16, 2013, 8:50 AM
    Though consumer prices remained flat in December, airline fares kept up their slow march higher to notch a 2.1% rise for the year. Analysts note the ARCA Airline Index (XAL) is up 10% YTD and could have the legs to run higher as fare hikes trickle down to the bottom lines of carriers.
    | 1 Comment
  • Jan. 11, 2013, 6:15 PM
    WSJ's Middle Seat blog is out with its scorecard of airline rankings for 2012, and the industry overall showed a bit of improvement. The Delta (DAL) flying experience, on average, went to good from bad over the past two years, but other airlines - notably United (UAL) and American (AAMRQ.PK) - suffered miserable years when measured in six performance categories.
    | 1 Comment
  • Jan. 8, 2013, 10:31 AM
    Southwest Airlines (LUV +3.1%) announces its consolidated traffic slipped 0.2% in December even though its capacity was slightly higher. Passenger revenue per available seat mile was flat compared to a year ago.
    | Comment!
  • Jan. 8, 2013, 7:55 AM
    Deutsch Bank upgrades Southwest (LUV) to Buy from Hold with an improved price target of $15. The firm thinks the carrier is set to start realizing a return on its invested capital and see the synergies from the AirTran purchase contributing to the bottom line in short order.
    | Comment!
  • Dec. 14, 2012, 9:07 AM
    Heard at the Southwest Airlines (LUV) Investor Day Event: 1) The integration of AirTran should be completed in full by the end of 2014. 2) Execs see careful management of capacity as a major goal and forecast "modest" increases of fares. 3) Fleet initiatives will contribute to results in 2013 with new aircraft deliveries on tap and conversions of existing aircraft adding to efficiencies. 4) Execs note traffic is growing faster than capacity, but take a cautious tone on growing before the trend solidifies. (webcast)
    | Comment!
  • Dec. 13, 2012, 2:34 PM
    The IATA's forecast for 2012 airline industry profits lit a charge under stocks in the sector for the day, but the group also sees clear skies ahead in 2013. Fuel prices should fall lower and passenger demand will increase by 4.5%, according to IATA estimates. Things are even rosier for North American carriers, with profits expected to jump 42% Y/Y to $3.4B. In the big picture, the targeted capacity cuts at airlines may finally stay to pay dividends.
    | 1 Comment
  • Dec. 13, 2012, 9:51 AM
    Airline stocks trade higher after IATA raises its profit forecast for the sector. The trade group says it expects airlines to hit a profit level of $6.7B this year, up from a prior estimate of $4.1B. The lift is due to "improving efficiency and restructuring," says IATA director-general Tony Tyler.
    | 1 Comment
  • Dec. 4, 2012, 9:44 AM
    Airline stocks trade higher with oil prices easing off and more M&A talk swirling around following news from yesterday that Virgin Atlantic was up for sale. Another underlying factor to watch in the sector is if European or U.S. regulators relax on foreign ownership rules to put a charge into consolidation plans. Advancers: DAL +2.9%, LUV +1.5%, UAL +1.4%, LCC +1.3%.
    | Comment!
  • Nov. 27, 2012, 3:00 PM
    President Obama signs a bill to effectively shield U.S. airlines from European carbon emission fees. The development is a victory for carriers with the threat of having to pay a fee for flight times over U.S. soil on top of the time spent in EU airspace a part of the controversial emissions trading system.
    | Comment!
  • Nov. 15, 2012, 5:43 PM
    Southwest Airlines (LUV) declares $0.01/share quarterly dividend, in line with previous. Forward yield 0.45%. For shareholders of record Dec. 6. Payable Jan 3. Ex-div Dec. 4. (PR)
    | Comment!
  • Nov. 8, 2012, 2:28 PM
    Airline stocks rally as a number of oil analysts say they see further downward price action ahead with U.S. inventories and production high. The sector is also getting a little boost with New York-region airports recovering quickly from the latest winter storm. Advancers: JBLU +3.5%, DAL +2.6%, UAL +2.4%, LUV +1.9%.
    | Comment!
  • Nov. 7, 2012, 8:08 AM
    Major airline are canceling flights in and out of the New York area ahead of a major winter storm bearing down on the region. Over a thousand flights scheduled for today and tomorrow have already been cancelled. The bigger issue: On the heels of Hurricane Sandy, a second storm will further disrupt the Q4 profitability of major carriers - although some industry loss estimates came in too high. Wolfe Trahan pegs the number at $190M with some sales made back up on rescheduled trips - instead of the +$500M loss projection getting bandied around last week.
  • Nov. 2, 2012, 8:38 AM
    Airlines continue to make progress in returning to a normal flying schedule as major airports in the New York region resume operations. While broad estimates on the cost of Hurricane Sandy on the industry range from $500M to over a billion dollars, the trick for traders will be to compute which carriers took the biggest hits from the ripple effect of cancellations that shook out beyond East Coast airports.
    | Comment!
  • Nov. 1, 2012, 9:32 AM
    Flight cancellations start to head back down after both domestic and international carriers saw an ugly week with major airports closed. The consensus opinion analysts seem to be forming is carriers will see Q4 numbers trimmed due to the storm, but any sustained impact on earnings won't be meaningful.
    | Comment!
Visit Seeking Alpha's
LUV vs. ETF Alternatives
Company Description
Southwest Airlines Co is an operator of passenger airline that provides scheduled air transportation in the United States and international markets.
Sector: Services
Country: United States