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Looking for winning airline stocks this year? BofA says to avoid Southwest and JetBlue.
Airline stocks were mixed on Friday after Bank of America upgraded American Airlines Group Inc. and downgraded Southwest Airlines Co. and JetBlue Airways Corp., predicting that the network carriers will continue to outperform low-cost airlines due to demand for premium travel.
Southwest Airlines Stock Falls on DOT Lawsuit, New Sell Rating
The Transportation Department alleges Southwest Airlines was “illegally operating multiple chronically delayed flights” in 2022.
Southwest stock rating cut to Underperform by BofA
BofA Securities revised its stance on Southwest Airlines Co. (NYSE:LUV), downgrading the carrier's stock rating from Neutral to Underperform and adjusting the price target to $31.00, a decrease from the previous $31.
1d
on MSN
Transportation Department sues Southwest Airlines, fines Frontier for chronically delayed flights
The lawsuit alleges Southwest illegally operated chronically delayed flights and disrupted passengers' travel plans.
Bill McEwen
3d
US Sues Southwest Airlines Over Chronic Delays
Transportation Department sues Southwest Airlines, seeking over $2.1 million in penalties for chronically delayed flights.
Skift
2d
2024 Smashed All-Time Airline Industry Records: 4 Key Takeaways
The airline industry set a record in 2024, with 5.85 billion seats available, surpassing the previous 2019 record by 2%. U.S.
3d
on MSN
Southwest Airlines sued by U.S. over ‘chronically late’ flights
The Biden Administration sued Dallas-based Southwest Airlines Wednesday for operating two “chronically late” flights, in the ...
3d
Southwest, American Airlines adds more nonstop flights from Indianapolis to Atlanta for Notre Dame game
Southwest Airlines announced Saturday, Jan 11, that it added one nonstop flight from Indianapolis International Airport (IND) ...
TravelPulse on MSN
1d
Southwest Airlines Signs Partnership With Icelandair
Southwest Airlines and Icelandair signed a strategic agreement on January 15 to allow travelers to connect between the two ...
ABC30 Action News
3d
US government sues Southwest Airlines and fines Frontier for chronically delayed flights
Aviation-data provider Cirium said in a report released this month that
Southwest
ranked fifth among the 10 North
American
airlines
it evaluated for their on-time performance, with 77.8% of ...
2d
Southwest Airlines pilot arrested just before takeoff and accused of DUI
A Southwest Airlines pilot suspected of being drunk was removed from the cockpit and arrested just before takeoff Wednesday ...
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