Southwest and American, the two Texas-based major airlines, reported 2nd quarter earnings. The picture is somewhat mixed, despite the industry’s resilience during the Iran War and the rise in fuel prices over the last few months. Both carriers reported record…
With the demise of ultra low cost carrier Spirit , the ULCC market is being widely criticized as an obsolete business model and one that can’t compete with the more sophisticated products from the full service airlines. We view the…
Southwest Airlines reported a Q1 net income of $227 million on record operating revenues of $7.2 billion, which were up 12.8% year over year. Bob Jordan, Southwest’s President and CEO, stated, “First quarter 2026 marked a turning point for Southwest,…
Southwest’s latest international partner is Turkish Airlines, joining Condor, Icelandair, China Airlines, EVA Air, and Philippine Airlines. The agreement with Turkish will begin next month, and enable seamless bookings and connections and itineraries that include both carrier flights from any…
Boeing news today centers on financing Spirit Aero, a new MAX order, two legal wins, and Southwest blaming late airplane deliveries for staffing cuts. The company has arranged an advance payment agreement with Spirit AeroSystems to keep the troubled…
The forthcoming Southwest Airlines Investors Day is going to be awkward and interesting. Things have not been going smoothly for a while. Elliott Investment Management created uncertainty when it took a stake in Southwest Airlines. Before this, Southwest experienced an operational meltdown…