SOUTHWEST AIRLINES TEAMS UP WITH CONDOR BRINGING ADDITIONAL TRAVEL OPTIONS ACROSS THE ATLANTIC

Rhea-AI Summary

Southwest Airlines (NYSE: LUV) announced a partnership with Condor to offer same‑ticket transatlantic connections beginning January 19, 2026. Southwest will carry Condor passengers on domestic U.S. legs at Boston, Las Vegas, Los Angeles, Portland, San Francisco, and Seattle, with bookings available through Condor, travel agencies, and travel websites.

The partnership expands Southwest's overseas partner network and complements planned customer experience updates, including assigned and extra‑legroom seating available on flights from January 27, 2026.

News Market Reaction

+1.90%

1 alert

+1.90% News Effect

On the day this news was published, LUV gained 1.90%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Condor destinations: nearly 70 destinations U.S. gateways: 6 airports Transatlantic launch date: January 19, 2026 +4 more

7 metrics

Condor destinations nearly 70 destinations Condor network from Frankfurt hub

U.S. gateways 6 airports Boston, Las Vegas, Los Angeles, Portland, San Francisco, Seattle

Transatlantic launch date January 19, 2026 Start of new Condor-linked itineraries

Las Vegas departures more than 270 per day Southwest daily departures in Las Vegas

Las Vegas cities served more than 70 cities Nonstop destinations from Las Vegas

Overseas partners five carriers Total overseas airline partners after adding Condor

Assigned seating start January 27, 2026 Launch of assigned and extra legroom seating

Market Reality Check

Price: $49.64 Vol: Volume 22,717,944 is 2.78...

high vol

$49.64 Last Close

Volume Volume 22,717,944 is 2.78x the 20-day average of 8,173,653, signaling elevated interest. high

Technical Price at $40.74 is trading above the 200-day MA of $31.91, reflecting a pre-existing uptrend.

Peers on Argus

LUV gained 4.4% while major peers moved modestly (DAL +1.63%, UAL +0.5%, AAL -1....

LUV gained 4.4% while major peers moved modestly (DAL +1.63%, UAL +0.5%, AAL -1.29%, ALK +2.02%, SKYW +0.41%), pointing to a more stock-specific reaction.

Common Catalyst Multiple airline peers also had network or partnership-related headlines, but LUV’s outsized move suggests the Condor deal was a distinct catalyst.

Historical Context

5 past events · Latest: Dec 02 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 02	Condor partnership	Positive	+1.9%	New transatlantic interline links via six U.S. gateways starting January 2026.
Nov 25	Network expansion	Positive	+3.3%	Extended booking to late 2026 with added California and Hawaii capacity.
Nov 20	Dividend declaration	Positive	-2.4%	Announced 187th quarterly cash dividend of $0.18 per share.
Nov 05	IR leadership change	Neutral	-0.3%	Named new Managing Director of Investor Relations from a major energy company.
Nov 04	PAL partnership	Positive	-2.5%	Interline agreement with Philippine Airlines adding transoceanic options via U.S. gateways.

Pattern Detected

Recent positive commercial announcements (partnerships, network growth) often coincided with favorable or at least constructive price reactions, while shareholder-return or governance items showed mixed responses.

Recent Company History

Over the last few months, Southwest highlighted growth and partnership initiatives alongside capital returns. Partnership announcements with Philippine Airlines and now Condor created new long-haul connectivity while tying into upcoming cabin changes from January 27, 2026. Network expansion in California and Hawaii out to September 30, 2026 also drew positive interest. Dividend continuity and leadership changes in Investor Relations had more muted or negative price follow-through, indicating investors reacted more constructively to route and commercial growth news than to corporate or capital-allocation updates.

Market Pulse Summary

This announcement added Condor to Southwest’s growing list of overseas partners, enabling same-ticke...

Analysis

This announcement added Condor to Southwest’s growing list of overseas partners, enabling same-ticket transatlantic journeys via six U.S. gateways starting January 19, 2026 and tying into a new cabin and seating product from January 27, 2026. Historically, partnership news produced mixed stock reactions, while recent filings highlighted higher debt and a reduced 2025 EBIT outlook. Investors may watch booking trends on these new flows and how added connectivity interacts with profitability targets.

AI-generated analysis. Not financial advice.

DALLAS, Dec. 2, 2025 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) announced today its new partnership with Condor, a German airline that offers nearly 70 destinations across Europe, Africa, Asia, and the Americas from its hub in Frankfurt. In the United States, Southwest^® will serve Condor passengers with domestic flights, bridging the Atlantic with same-ticket journeys that connect both carriers' schedules at Boston, Las Vegas, Los Angeles, Portland, San Francisco, and Seattle. New transatlantic travel options begin January 19, 2026, and are now available for booking through Condor, travel agencies, and travel websites.

"Adding Condor to our portfolio of partners brings transatlantic journeys between dozens of airports in the U.S. and exciting and aspirational places Condor serves," said Andrew Watterson, Southwest Airlines Chief Operating Officer. "In Las Vegas alone, we can connect international travelers with the power of our network, offering them more than 270 departures a day and nonstop flights to more than 70 cities¹. Our airline partnerships showcase the warmth of our People, our operational reliability, and the increasing choice in travel experiences that Southwest now can offer to potential Customers around the world."

"With the expansion of Condor's partner network in North America, travelers benefit from a wider range of seamless and convenient travel options," said Mikko Turtiainen, Condor Director Sales, the Americas. "The collaboration with Southwest Airlines enhances Condor's transatlantic connectivity and provides our customers with an extended route network."

Southwest Airlines now partners with five overseas air carriers connecting the Southwest network with transoceanic originations and destinations in Asia, Europe, the Middle East, and Africa. Southwest is working to bring more choice and enhance the quality and quantity of travel experiences, including a redesigned cabin experience and an ability to book assigned and extra legroom seating on flights operating from January 27, 2026.

ABOUT SOUTHWEST AIRLINES CO.
Southwest Airlines Co. operates one of the world's most admired and awarded airlines, offering its one-of-a-kind value and Hospitality at 117 airports across 11 countries. Southwest took flight in 1971 to democratize the sky through friendly, reliable, and low-cost air travel and now carries more air travelers flying nonstop within the United States than any other airline¹. By empowering its more than 72,000² People to deliver unparalleled Hospitality, the maverick airline cherishes a passionate loyalty among more than 140 million Customers carried in 2024. Southwest leverages a unique legacy and mission to serve communities around the world including harnessing the power of its People and Purpose to put communities at the Heart of its success. Learn more by visiting Southwest.com/citizenship.

1. Based on U.S. Dept. of Transportation quarterly Airline Origin & Destination Survey as of Q1 2025
2. Fulltime-equivalent active Employees as of September 30, 2025

ABOUT CONDOR
Since 1956, Condor has been taking its guests to the most beautiful vacation destinations and exciting cities. Every year, nearly 10 million guests fly with Condor to around 70 destinations worldwide. Condor with its more than 5,500 employees operate a fleet of approximately 60 aircraft, which are maintained in accordance with the highest safety standards by the company's own maintenance organization, Condor Technik GmbH, at its bases in Frankfurt and Dusseldorf. In 2024, Condor completed the renewal of its long-haul fleet, which now consists of 18 highly efficient Airbus A330neo long-haul aircraft. By 2031, the A330neo fleet will grow to 25 aircraft. Since 2024, Condor has also been renewing its entire short- and medium-haul fleet and is expected to receive a total of 43 new aircraft from the A32Xneo family by 2029.

View original content:https://www.prnewswire.com/news-releases/southwest-airlines-teams-up-with-condor-bringing-additional-travel-options-across-the-atlantic-302630425.html

SOURCE Southwest Airlines Co.

FAQ

What transatlantic partnership did Southwest Airlines (LUV) announce on December 2, 2025?

Southwest announced a partnership with Condor to offer same‑ticket transatlantic connections starting January 19, 2026.

Which U.S. airports will Southwest (LUV) serve for Condor connections starting January 19, 2026?

Southwest will serve connections at Boston, Las Vegas, Los Angeles, Portland, San Francisco, and Seattle.

When can passengers begin booking Southwest (LUV)–Condor transatlantic journeys?

Bookings are available now through Condor, travel agencies, and travel websites for travel beginning January 19, 2026.

How does the Southwest (LUV) and Condor partnership affect international connectivity?

The tie‑up expands transatlantic connectivity by linking Condor's nearly 70 destinations from Frankfurt with Southwest's U.S. domestic network.

Will Southwest (LUV) offer assigned or extra‑legroom seating related to this partnership?

Southwest plans to offer assigned and extra‑legroom seating on flights operating from January 27, 2026.

How many overseas partner airlines does Southwest (LUV) now work with after adding Condor?

After adding Condor, Southwest works with five overseas air carriers connecting its network with transoceanic originations and destinations.