Southwest Airlines’ next CEO says carrier will cut flights next year if staffing falls short [CNBC]
Southwest Airlines Company (LUV)
Last southwest airlines company earnings: 4/28 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
investors.southwest.com
Company Research
Source: CNBC
The Dallas-based airline was left short-staffed during a summer peak after thousands of workers took buyouts and leaves of absence. Incoming CEO Bob Jordan vowed not to repeat last summer’s disruptions. Southwest Airlines customers suffered hundreds of cancelations, delays and other disruptions this summer as the carrier struggled with snowballing problems of bad weather and a lack of staff. Its next CEO, Bob Jordan, vowed not to repeat that. The airline is about halfway to its goal of hiring 5,000 workers this year and has already trimmed its schedule for the rest of the year to avoid further service shortfalls. The airline, and others like Spirit and American, set out to operate an ambitious schedule last summer to try to recover revenues lost during the pandemic, but a shortfall of staff exacerbated operational issues. “The next question is the March schedule. We plan to meet that but if we find ourselves not able to hire to meet that we’ll go back and look at modifying the sc
Show less
Read more
Impact Snapshot
Event Time:
LUV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LUV alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LUV alerts
High impacting Southwest Airlines Company news events
Weekly update
A roundup of the hottest topics
LUV
News
- Flight attendants at Southwest Airlines seal deal for 22% pay hikes next month [Fortune]Fortune
- For Doing Business As It's Always Been Done, Amazon Gains More Critics [Forbes]Forbes
- Alphabet, Microsoft, Southwest earnings: What to watch [Yahoo! Finance]Yahoo! Finance
- Southwest Airlines flight attendants ratify new contract [Yahoo! Finance]Yahoo! Finance
- Southwest Airlines flight attendants ratify new contract [Reuters]Reuters
LUV
Earnings
- 1/25/24 - Beat
LUV
Sec Filings
- 4/5/24 - Form ARS
- 4/5/24 - Form DEFA14A
- 4/5/24 - Form DEF
- LUV's page on the SEC website