- American City Business Journals•2 hours ago
Southwest Airlines will stop the industry practice of overbooking flights in a move its CEO said Thursday the company has been considering for some time. It took on new urgency after the headline-making incident earlier this month in which an overbooked passenger was dragged off a United Airlines flight. Confirming the decision during a conference call following Southwest’s (LUV) first-quarter earning’s release, CEO Gary Kelly said overbooking already wasn’t a big problem for his airline, while CFO Tammy Romo said the financial implications of ending the practice would be minimal.
- Reuters•2 hours ago
The backlash against the rough removal of a United Airlines passenger to make room on a crowded flight has opened a divide in the U.S. industry over how to manage flight overbooking, with some renouncing the practice and others offering richer incentives to give up seats. United on Thursday increased its maximum incentive to $10,000 for volunteers on overbooked flights. United on Thursday agreed to a settlement, with undisclosed terms, with Dr. David Dao, 69, who was dragged down the aisle of a plane in Chicago on April 9.
- TheStreet.com•2 hours ago
In the middle of an $8 range, LUV could go either way.
LUV: Summary for Southwest Airlines Company Comm - Yahoo Finance
Southwest Airlines Co. (LUV)
NYSE - NYSE Delayed price. Currency in USD
Add to watchlist
|Day's range||55.66 - 56.39|
|52-week range||35.42 - 59.68|
Trade prices are not sourced from all markets
|PE ratio (TTM)||15.85|
|Dividend & yield||0.40 (0.73%)|
|1y target est||N/A|