Latest Southwest Airlines Co News

Tale of 2 airlines: Big profit at American, Southwest loss

Jan. 26, 2023 18:47 PM EST

American Airlines and two smaller carriers gave more proof Thursday of the recovery in air travel, posting better-than-expected profit for the fourth quarter, while Southwest Airlines lost money because of massive flight cancellations last month. Southwest said it expects another...

Tesla, Chevron rise; Wolfspeed, Southwest fall

Jan. 26, 2023 16:27 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Tesla Inc., up $15.84 to $160.27. The electric vehicle maker's profits surged in the fourth-quarter, beating Wall Street forecasts. Chevron Corp., up $8.71 to...

Salesforce, Coinbase rise; Microsoft falls

Jan. 04, 2023 16:26 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Salesforce Inc., up $4.81 to $139.59. The cloud computing software company is laying off about 10% of its workforce in the latest round of job cuts in the tech industry. ...

Tesla, Southwest, Peloton fall; Las Vegas Sands, Hess rise

Dec. 27, 2022 19:42 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Southwest Airlines Co., down $2.15 to $33.94. The airline had to cancel roughly two-thirds of its flights over the last couple of days, which it blamed on problems related to...

Southwest Airlines brings back dividend as travel rebounds

Dec. 07, 2022 15:08 PM EST

DALLAS (AP) — Southwest Airlines said Wednesday that it is bringing back dividends for shareholders, which it suspended when the pandemic devastated the airline business in early 2020. Dallas-based Southwest said in a regulatory filing that it will pay a quarterly dividend of 18...

US bid to kill American-JetBlue partnership goes to judge

Nov. 18, 2022 14:08 PM EST

Airline lawyers and the Justice Department delivered starkly contrasting views of an alliance between American Airlines and JetBlue during closing arguments Friday in a case that will test the Biden administration’s aggressive enforcement of antitrust laws. The partnership lets...

US employers are hiring briskly even in face of rate hikes

Nov. 04, 2022 11:22 AM EDT

WASHINGTON (AP) — America’s employers kept hiring vigorously in October, adding 261,000 positions, a sign that as Election Day nears, the economy remains a picture of solid job growth and painful inflation. Friday’s report from the government showed that hiring was brisk across...