|Last||Change / % Change||Dividend Yield||Volume||Avg Volume (10 day)|
Latest News Headlines for Southwest Airlines Co
42nd consecutive profitsharing contribution shatters previous record DALLAS, Feb. 11, 2016 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today announced it will share $620 million through its ProfitSharing Plan with its Employees for 2015--equaling approximately 15.6 percent of each eligible Employee's eligible compensation, or the equivalent of eight weeks' pay. This $620 million contribution--nearly $1.7 million a day--is the largest total dollar amount Southwest has ever allocated to ProfitSharing. This amount, which will be funded April 29, is more than the cumulative contributions to the Plan over the first 25 years ($559 million from 1974-1998). Over four decades, Southwest profitsharing contributions will have totaled over $3.4 billion--and more than $1.4 billion for the past five years alone (2011-2015).
California's largest carrier of air travelers files slot application to add service at fifth airport in L.A. Basin DALLAS, Feb. 10, 2016 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today confirmed its interest and application to bring more low-fare service to Greater Los Angeles by adding new Southwest(R) service in 2016 at Long Beach Airport. Working with the City of Long Beach, the carrier this week formally applied for slot authority to offer new service, subject to requisite approvals. Southwest's operation at Long Beach would be an addition to the carrier's greater Los Angeles presence at Los Angeles (LAX), Burbank, Orange County/Santa Ana, and Ontario.
DALLAS, Feb. 5, 2016 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") today reported its January preliminary traffic statistics. The Company flew 8.9 billion revenue passenger miles (RPMs) in January 2016, an increase of 11.1 percent from the 8.0 billion RPMs flown in January 2015. Available seat miles (ASMs) increased 7.8 percent to 11.5 billion in January 2016, compared with January 2015 ASMs of 10.7 billion. The January 2016 load factor was a record for the month of January at 77.5 percent, compared with 75.2 percent in January 2015. Based on these results and current trends, the Company continues to expect its first quarter 2016 operating revenue per ASM (RASM) to be in line with first quarter 2015.
Southwest Airlines Co. operates Southwest Airlines (Southwest). Southwest is a passenger airline that provides scheduled air transportation in the United States and near-international markets. The Company serves around 93 destinations in 40 states and runs international services to Montego Bay, Nassau, Oranjestad, Cabo San Lucas/Los Cabos, Cancun, Mexico City and Punta Cana. It serves around 17 non-stop destinations and 581 non-stop city pairs. It operates around 665 Boeing 737 aircrafts. It provides several products, such as Business Select, Fly By Priority Lanes and SWABIZ. Its Website, southwest.com, enables purchasing and managing travel online. It offers southwest.com and swabiz.com in a translated Spanish version. Southwest provides inflight satellite-based wireless fidelity (Wi-Fi) service and live television. Its service offerings include EarlyBird Check-In, Pets Are Welcome on Southwest (P.A.W.S.) products, Automated Outbound Messaging (AOM) service and southwest.com/rebook.
collapse, right-facing arrow indicating collapsed view of sectionOverview
|Bid | Size||-- | --|
|Ask | Size||-- | --|
|52 Week High||12/7/2015 | 51.34|
|52 Week Low||7/1/2015 | 31.36|
|% Off 52 Week High||-31.16%|
|% Off 52 Week Low||12.69%|
|Beta (5 Yr)||1|
|Volatility Avg||2/11/2016 | 31.58|
|10-Day Avg. Volume||7,673,090|
|Market data is delayed by at least 15 minutes.|
collapse, right-facing arrow indicating collapsed view of sectionFundamentals
|EPS (TTM)||12/31/2015 | 3.27|
|P/E Ratio||12/31/2015 | 11.5|
|Market Cap||Large Cap | 22.5B|
collapse, right-facing arrow indicating collapsed view of sectionDividends
|Date of Record||3/3/2016|
|Payable||$0.075 - QRTR|