Southwest Airlines gains after guidance update, buyback announcement
Southwest Airlines (LUV) provides optimistic guidance update for Q3 with revenue and RASM expectations on the rise, authorizes $2.5 billion share
An Updated Outlook and a Stock Buyback Plan Send Southwest Soaring
Southwest Airlines shares jumped Thursday as the airline announced a new $2.5 billion stock buyback plan and updated projections for revenue and fuel costs for the third quarter.
Southwest Airlines Soars on New Revenue Outlook, Stock Buybacks
Southwest Airlines stock is higher after the air carrier announced several initiatives, including a big share repurchase program. Here's what you need to know.
Southwest Airlines Raises Third-Quarter Revenue Forecast
(Reuters) - Southwest Airlines on Thursday raised its third-quarter forecast for revenue per available seat miles (RASM), a proxy for pricing power. The carrier expects RASM to be up between 2% and 3% for the period, compared with its prior range of flat to down 2%.
Southwest Airlines Stock Soars After It Lays Out Overhaul
The move, including service enhancements and share buybacks, came after the hedge fund Elliott Management called for cost savings and better profits.
Southwest Airlines’ stock surges after revenue outlook raised, buybacks resumed
Southwest Airlines’ stock surged Thursday after the air carrier raised its revenue outlook and indicated it would resume stock repurchases for the first time in more than four years.
Southwest Stock Rises as Airline Pitches New Vision
Southwest Airlines shares rose more than 6% as the budget-travel pioneer unveiled new initiatives meant to appeal to investors and said that its third-quarter sales were better than expected, citing i
Southwest Airlines announces 3-year ‘Southwest. Even Better.’ plan
The airline is introducing assigned and premium seating along with new carrier partnerships and naming a new member of their board of directors
Southwest Airlines raises summer revenue forecast, authorizes $2.5 billion in share buybacks
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Guidance: Southwest now sees revenue per available seat mile (RASM) rising 2% to 3%. Previously the company expected RASM ...
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