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Southwest Airlines Co - LUV STOCK NEWS

Welcome to our dedicated news page for Southwest Airlines Co (Ticker: LUV), a resource for investors and traders seeking the latest updates and insights on Southwest Airlines Co.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Southwest Airlines Co's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Southwest Airlines Co's position in the market.

Rhea-AI Summary
Southwest Airlines reports solid Q2 2023 financial results with net income of $683 million and record quarterly operating revenues of $7.0 billion. The company expects a profitable outlook for Q3 2023 and year-over-year margin expansion for full year 2023. They are working on network optimization efforts and expect $500 million in incremental pre-tax profits in 2024. RASM decreased 8.3% in Q2 2023 due to breakage revenue in Q2 2022. The company anticipates a RASM decline of 3% to 7% in Q3 2023. Economic fuel costs were $2.60 per gallon in Q2 2023. Operating expenses increased 12.1% in Q2 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.94%
Tags
-
Rhea-AI Summary
Southwest Airlines Co. (NYSE: LUV) will host a live webcast of its second quarter 2023 financial results on July 27, 2023, featuring key executives. Investors can access the webcast on the company's Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.05%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.46%
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Rhea-AI Summary
Southwest Airlines Co. (NYSE: LUV) appoints Roy Blunt as a new member of the Board of Directors, effective July 16. Blunt brings extensive experience in government, education, and leadership, with a focus on aviation, operations, and innovation. His appointment is expected to provide valuable perspectives and thought leadership to the Board.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.25%
Tags
management
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.92%
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none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.35%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.02%
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none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.02%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.15%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.65%
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none
Southwest Airlines Co

NYSE:LUV

LUV Rankings

LUV Stock Data

16.48B
593.82M
0.34%
81.57%
2.69%
Scheduled Passenger Air Transportation
Transportation and Warehousing
Link
US
Dallas

About LUV

at southwest airlines we connect people to what’s important in their lives—that also means connecting our employees to what’s important in their lives! our employees value the opportunity to work hard, be creative, and have fun on the job.