Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Totally agree. Gov bail out will send it up fast but that’s not gonna happen.
imo it will go lower
A message from our SVP and Chief Marketing Officer, Ryan Green
To our valued Customer
There is no higher priority to our entire Southwest Family than the Safety of our Customers and Employees. We are in close communication with medical professionals, the Centers for Disease Control (CDC), the World Health Organization (WHO), government agencies, and internal teams to stay on top of this evolving situation.
According to the most recent information from the CDC, for most people, the immediate risk of being exposed to the virus that causes COVID-19 is thought to be low.
We want you to feel confident when traveling with Southwest Airlines. As a result, we have enhanced some of our cleaning procedures in the interest of our Customers' and Employees' health and safety.
Aircraft Cleaning: We spend between 6-7 hours cleaning each aircraft every night, and, as of March 4, 2020, we have enhanced our overnight cleaning procedures. Typically, we use an EPA approved, hospital-grade disinfectant in the lavatories and an interior cleaner in the cabin. Now, we are expanding the use of the hospital-grade disinfectant throughout the aircraft, and it will be used in the cabin, on elements in the flight deck, and in the lavatory. This goes beyond the standard CDC guidelines.
Also, we equip each of our aircraft with a HEPA (High Efficiency Particulate Air) filter, which filters out recirculated air onboard each plane to remove airborne particles. HEPA filters are also used in hospitals to provide patients with clean air.
To learn more about our enhanced aircraft cleaning procedures, visit our blog for a detailed overview, along with a video and photos of the process.
In addition, I want to take a moment to remind Customers of our flexible policies. These policies have always been in place at Southwest Airlines and provide our Customers peace of mind every day. We never charge Customers a fee to change or cancel (though fare differences might apply) their flights. If your plans change or if you decide to postpone your travel, the funds used to pay for your flight can be applied to future travel as long as you cancel your reservation at least 10 minutes prior to the scheduled departure.
The funds are valid for future travel up to one year from the original purchase date and must be used by the individual named on the ticket. Hopefully, these policies provide comfort to all of our Customers that they can book travel on Southwest as normal, and, if the circumstances change in the future, they can alter their plans without the penalty of a fee.
Rest assured, we are monitoring this developing situation closely, staying in regular contact with federal agencies, health organizations, and other experts. We've developed a host of resources to keep you informed and updated along the way, including our Travel Advisory on southwest.com and our Company blog, and we'll continue to post updates as this situation evolves.
Thank you for your patience and trust in Southwest Airlines. We are prepared to navigate through these challenging circumstances with your safety and confidence in Southwest Airlines at the forefront of everything we do.
We look forward to seeing you onboard soon,
Ryan Green
SVP & Chief Marketing Officer
looks like it...
is a couple of the Big Boys...who recently lowered the stock price targets...so that tells me..they are probably short a Lot of shares...there are about 9,000,000 shares short here...and $$$ coming from Boeing...??!
hmmm...can Goldman and JP Morgan be deceptive...??!
nah...
jmo
hmmm...Will Boeing fork over a lot of $$$ to rekindle "LUV loss"...???
July 18, 2019 2:25 PM
Boeing Co. plans to record a $4.9-billion accounting charge related to its beleaguered 737 Max jetliner when the company reports quarterly earnings next week.
The after-tax charge, equivalent to $8.74 a share, covers potential concessions and considerations for airline customers who have been forced to cancel thousands of flights and line up replacement aircraft since the Max was grounded in March, the company said in a statement Thursday....
(sounds kinda Fair to me)
waiting for it...
Southwest is a great company but the 737 max media hysteria will continue to drag down in short term. Will be hard to persuade passengers to fly these planes. This is southwests future
When life hands you lemons...
Do you make lemonade...??!
heck No...You drink Tequila...!!!
Now...this 727 Max thing...LUV has had a great performance record with these planes...and in the future everyone who flies them will be extra safety-conscious...I wouldn't mind if SW decided to go to the 737 "yardsales' to pick up More of these planes...and put them into service when advantageous...I would imagine the prices they acquire these planes would be a "ganga" (bargain)…
And, is Boeing willing to make any financial concessions/reparations...to those companies in ownership of the Maxes...???
just thinking out loud...
...jk...
hmmmmm !.....My how that rumour and the chart seem "in synch" ! . . . .
https://www.google.ca/search?source=hp&ei=HlN6XNjSHNLb-gS1yafIDA&q=warren+buffett+buying+southwest+airlines&oq=warren+buffet+south&gs_l=psy-ab.1.5.0i10l4j0i22i30j0i22i10i30l5.1101.7790..12899...0.0..0.165.1562.18j2......0....1..gws-wiz.....0..35i39j0j0i131j0i3.ZHutLvYRIgw
So will Warren Buffet buy Southwest ?.....
The chart's screaming.......Yes !.......No, wait ! - No !
The chart's screaming NO !......He will NOT buy Southwest !......
Like, maybe at $40 bucks ; THAT'S where he'll buy it.......(the company "looks" too expensive right now !)
LoL !
Ha ! Was still editing when you responded.....have another look see
You must (or perhaps) reside on the west coast and be up (like myself) here at 1:30 am !
So, you say it was a Buffet-related thang/reasoning - yours'.....hmmmm,
Well, how's about the days' news release re their approval to fly Hawaii ?
I was reckoning this news as being the underlying cause for the wild swing(s).....
Thanks for the Warren Buffet heads up -
Guess I ought'a google (for a possible Buffet-LUV story ?).....Nice !
http://ih.advfn.com/stock-market/NYSE/southwest-airlines-LUV/stock-news/79363912/southwest-gets-ok-to-fly-between-west-coast-and-ha
Anyways - Might be interesting to monitor how their Long-term chart pans out !
Thanks! It was a rumor! LOL NO ONE HOLDS OVER WEEKEND ON A SILLY WARREN BUFFET RUMOR!!!!!!!
Hey wild call there but boy ! - You got it right !
Was it perhaps a gut-feeling or - Could it have been based on long term charts ?
7 months later - That up-sloping trend-line :
There (and below) are Fridays' 57 upgap/selloff......within the grand scheme of things !
I guess that's looking (to me) like - confirmation of more downside (a re-visiting of the 45)
Because of the 2 red oval gaps thru the Trend-line !
SHORT THE GAP IN THE AM. $57? hahahahaa
No $LUV For This Stock, Watch This Trade Level
Today, leading airline stock, Southwest Airlines Co (NYSE:LUV), is falling lower by $3.09 to $54.58 a share. The decline comes as Southwest gets a downgrade to sell by Goldman Sachs. The company is also facing a series of negative reports regarding a bunch of issues. The stock is now testing its 200-day moving average, a close below this important moving average would likely signal more downside in the near term. The next major price level that looks solid for support would be around the $48.00 level. This is where the stock broke out of a daily chart base in mid-January. It was also an area that was defended in October 2018, so it has shown institutional sponsorship in that area before and will likely again if tested.
Nick Santiago
InTheMoneyStocks
setting up nicely...??!...Fuel costs down...Traffic steady to up...
and new routes to Hawaii should be opening up soon...
Southwest has for years been my favorite...
Note..another dividend coming up as well...though not a big one...
...jk...
$LUV is looking great at this level. Break and hold the ~$54.50 area and it's off to the races. Airlines should be on everyone's radar, if they haven't already. Record lows for Oil, Record passengers for Thanksgiving, and Christmas is upon us. Airline earnings looking great.
I'd be shocked if this thing doesn't open -2% tomorrow.
Gotta Love the $LUV - exciting times ahead
today's $LUV move on news maker $DAL and no gap up.
Southwest Airlines Co(NYSE:LUV) Is Now On The Radar
Yesterday, I talked about how all of the major airline stocks have been under pressure since early July. This industry group has been steadily declining over the past eight weeks. The sector is now getting very oversold, but that does not mean that these stocks will not trade lower in the near term. Many of these stocks in the group are now approaching very attractive trade levels.
Southwest Airlines Co(NYSE:LUV) is a stock that is now on my radar. This stock topped out on July 7th at $64.39 a share. Today, LUV stock is trading as low as $51.65 a share, so you can see how much this stock has sold off already. I will now be watching the $48.75 area as the next major support spot on the chart. This was a level that was tested in late January 2017 and should serve as major support when retested.
Nicholas Santiago
InTheMoneyStocks
Could be up 100% for the year
Stock should go up to 70's by 2018
The increase dividend and stock buyback is huge!
My Tgts $80-120..LTP 53...Lovers of Luv
Is LUV a short candidate? Close below 50dma may confirm this notion but further homework is needed before u shoot your foot.
Morgan Stanley upgraded Southwest to Overweight. EBITDA mults trading at discount vs peers: UAL DAL ALK
EBITDA Multiples Analysis
LUV bullish 38.32
bullish divergence
at well defined support
macd crossing up over 0
good reward to risk place to buy
'golden cross' moving average pattern
http://www.southwest.com/
normal chart
log chart
Now a vote of no confidence by two major labor groups. Any more questions?
Three front line employee groups four years past their amendable dates. This management fails to spend any money on infrastructure. Accounts should not be CEO's. Look at all the picketing going on.
Please elaborate
One technical mistake and hope is lost ?
Just downgraded, Gary Kelly and crew have lost the good will of ALL of front line employees. This stock will sink to much lower levels than its current price.
Chart looks like we could see a bounce, but I'm hesitant right now. Anyone have reasons to believe this could be a mover over the next 6 months?
Too many open contracts with front line employees. Could get ugly. Who would of thought?
Looks that way but this is and industry I still have concerns about right now. Chart looks good right now tho.
Nice call. Luv headed to new highs??
Buying down here??
Southwest Soars Past Expectations
Source: Dow Jones News
Southwest Airlines Co. said profit jumped 78% in its latest quarter, reflecting the boon of low fuel prices in the airline industry.
The No. 4 U.S. airline by traffic also followed through on an earlier prediction that lagging revenue would pick up in the third quarter and registered a nearly 11% jump in its top line.
Southwest and its U.S. airline peers have reported strong financial results in recent quarters, the result of slower growth, less competition and cheaper fuel. Southwest continued the trend, as fuel and oil expense dropped 32% in the latest quarter. Still, some signs have pointed to investor concerns that the sector's windfall will not be sustainable if and when oil prices rebound.
Southwest's unit revenue—the amount it takes in per seat flown a mile—declined 4% in the quarter compared with a year ago, a small improvement from the 4.6% posted in the prior three months. Analysts and investors closely watch the metric as a sign of demand and how well an airline is generating sales. Unit revenues have been declining across the industry because of relatively rapid expansions.
Capacity increased 7.6%, while load factor inched up to 85.4% from 84.4% a year earlier.
Overall, the company posted a profit of $584 million, or 88 cents a share, up from $329 million or 48 cents a share a year earlier. Excluding certain items, earnings on a per-share basis rose to 94 cents a share from 55 cents a year earlier.
Revenue climbed 10.8% to $5.32 billion.
Followers
|
61
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
491
|
Created
|
04/12/08
|
Type
|
Free
|
Moderators |
In its 44th year of service, Dallas-based Southwest Airlines (NYSE: LUV) continues to differentiate itself from other air carriers with exemplary Customer Service delivered by nearly 46,000 Employees to more than 100 million Customers annually. Southwest and wholly owned subsidiary AirTran Airways operate more than 3,400 flights a day, serving 93 destinations across the United States and five additional countries. Subject to government approvals, service to San Jose, Costa Rica, begins in March 2015; service to Puerto Vallarta, Mexico, begins in June 2015; and service to Belize City begins in October 2015. Southwest acquired AirTran Airways in May 2011 and by the end of 2014 intends to complete the full integration of the AirTran network into Southwest.
Based on the U.S. Department of Transportation’s most recent data, Southwest Airlines is the nation's largest carrier in terms of originating domestic passengers boarded. The Company operates the largest fleet of Boeing aircraft in the world, a majority of which is equipped with satellite-based WiFi providing gate to gate connectivity while over the United States. That connectivity enables Customers to use their personal devices to access streaming music provided by Beats Music, or to view video on-demand movies and television shows, as well as nearly 20 channels of free, live TV compliments of DISH. Southwest is the only major U.S. airline to offer Bags Fly Free® (first and second checked pieces of luggage, size and weight limits apply), and there are never change fees, although fare differences might apply. In September 2014, the airline proudly unveiled Heart, a new aircraft livery, airport experience, and logo, showcasing the dedication of Southwest Employees to connect Customers with what’s important in their lives. Book Southwest Airlines' low fares online at Southwest.com or by phone at 800-I-FLY-SWA.
Southwest is committed to return value to its Shareholders. Since August 2011, Southwest has returned over $2 billion to Shareholders through share repurchases and dividends. For the nine months ended September 30, 2014, Southwest returned nearly $900 million to Shareholders through $755 million in share repurchases, and the distribution of $138 million in dividends. LUV is Southwest’s stock exchange symbol, selected to represent its home at Dallas Love Field, as well as the theme of Southwest’s Stakeholder relationships.
From its first flights on June 18, 1971, Southwest Airlines launched an era of unprecedented affordability in air travel described by the U.S. Department of Transportation as "The Southwest Effect," a lowering of fares and increase in passenger traffic wherever the carrier serves. With 41 consecutive years of profitability, Southwest is one of the most honored airlines in the world, known for a triple bottom line approach that contributes to the carrier's performance and productivity, the importance of its People and the communities they serve, and an overall commitment to efficiency and the planet. The 2013 Southwest Airlines One Report™ can be found at Southwest.com/citizenship.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |