Southwest Airlines gains after a key board member invests $107M, backs current management Oct. 03, 2024 8:28 AM ET By: Clark Schultz , SA News Editor [Seeking Alpha]
Southwest Airlines Company (LUV)
Last southwest airlines company earnings: 4/28 06:00 am
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US:NYSE Investor Relations:
investors.southwest.com
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Source: Seeking Alpha
Director Rakesh Gangwal bought 3,600,000 shares worth about $106.7 million in a series of transactions that ranged in price from $29 to $30. Gangwal was appointed to the Southwest Airlines ( LUV ) board of directors Gangwal is supportive of the current Southwest ( LUV ) leadership team. "I believe changing the board structure and top leadership beyond what has been already announced, would be counterproductive and not in the best interest of shareholders," he stated recently. Gangwal's career in the airline industry began in 1980 when he worked with United Airlines as an associate at Booz Allen & Hamilton. Gangwal held various positions at United Airlines before becoming the executive vice president at Air France in 1994. He later served as the CEO and chairman of US Airways Group. In 2006, Gangwal co-founded IndiGo Airlines with Rahul Bhatia, which grew to become India's largest domestic airline Shares of Southwest Airline Co. ( LUV ) were up in premarket trading on Thursday t
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News
- Southwest Airlines Gains 13.2% in 3 Months: What Should Investors Do? [Yahoo! Finance]Yahoo! Finance
- Southwest Airlines board member buys 3.6M shares [Yahoo! Finance Canada]Yahoo! Finance Canada
- Southwest Airlines Co. (NYSE: LUV) had its price target raised by analysts at Citigroup Inc. from $28.25 to $31.50. They now have a "neutral" rating on the stock.MarketBeat
- How to Find Strong Transportation Stocks Slated for Positive Earnings Surprises [Yahoo! Finance]Yahoo! Finance
- US FAA ends enhanced oversight of United Airlines after safety review [Yahoo! Finance]Yahoo! Finance
LUV
Earnings
- 7/25/24 - Beat
LUV
Sec Filings
- 10/3/24 - Form 3
- 10/2/24 - Form DEFA14A
- 10/2/24 - Form 4
- LUV's page on the SEC website