Southwest Airlines 'Best-Positioned' To Weather Downturn, BofA Says In Upgrade [Yahoo! Finance News]
Southwest Airlines Company (LUV)
Last southwest airlines company earnings: 4/28 06:00 am
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Source: Yahoo! Finance News
U.S. airlines may have the liquidity to weather tough times, but the coronavirus pandemic is an extraordinary time that's bringing a massive hit to revenue, according to BofA Securities. The United, Southwest Analyst Andrew Didora United Airlines Holdings Inc UAL The analyst upgraded Southwest Airlines Co LUV Benzinga is covering every angle of how the coronavirus affects the financial world. For daily updates, sign up for our coronavirus newsletter Takeaways On United, Southwest The airline industry has seen a severe deterioration in fundamentals and there seems to be no bottom, with cancellations outpacing new bookings, Didora said in a Monday note. See his track record here.) Airline revenue could decline by 36% in 2020, an unprecedented hit and “meaningfully worse” than the four quarters following 9/11, when airline revenue declined by 19%, and the financial crisis, when airline revenue was down 17%, the analyst said. Booking trends are “very concerning” and estimates have been sl
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News
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- New welcome offer: Earn a $400 statement credit and 40,000 points with Southwest credit cards just in time for the holidays [Yahoo! Finance]Yahoo! Finance
LUV
Earnings
- 10/24/24 - Beat
LUV
Sec Filings
- 11/12/24 - Form SCHEDULE
- 11/7/24 - Form 8-K/A
- 11/5/24 - Form 3
- LUV's page on the SEC website