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...Southwest Airlines has warned that it will make a net loss in the first quarter of 2024 and that revenue for the full year will be lower than previously forecast, as a result of slower than expected aircraft...
...Boeing has been plunged into crisis by the mid air blowout of a door on the -900 variant of its popular 737 Max series of single-aisle planes....
...Southwest Airlines has been fined $140mn by the US Department of Transportation for breaking consumer protection laws over operational failures that left 2mn passengers stranded during a winter storm last...
...But Southwest, which heavily markets its “Bags fly free” policy, endorsed it....
...The new year is a chance to get that balance right. In the first nine months of the year, Southwest’s “available seat miles” jumped by more than a tenth....
...Centuri, a carve-out from Southwest Gas backed by billionaire Carl Icahn, raised $260mn after pricing its shares at $21, the top end of its range....
...Rivals Southwest and American, meanwhile, expect fewer Boeing aircraft to be delivered than planned this year as a result of the accident and the FAA ban on the aircraft maker expanding production....
...The US Federal Aviation Administration said it would investigate a fresh mishap involving a Boeing aircraft, after a piece of engine housing fell off a Southwest Airlines plane on Sunday morning....
...A slow recovery in tourism from Asia, growing competition from Southwest Airlines and the recent wildfires in Maui have all weighed on demand....
...Meaning of Risk (AllianceBernstein) — Partying With The U.S....
...Carrie Cracknell’s debut production is set in the American Southwest....
...The venerable American business was once the backbone of its country’s industrial base. In recent decades it has suffered from the onslaught of cheap foreign producers, first from Japan, then China....
...As for JetBlue, it has been searching for a way to keep up with the big four US carriers — American, United, Delta and Southwest — who through their own dealmaking now control 80 per cent of the domestic...
...American Airlines, United Airlines, Delta Air Lines and Southwest Airlines, which together control about 80 per cent of the market....
...Further evidence comes from the likes of Stash of the US, which has made 62mn stock awards to shoppers at eligible brands since launching its stock-back debit card....
...Southwest Airlines recently had to revise its profit forecasts for this year because of Boeing’s delays. The dilemma is that it cannot easily afford to develop a new plane from scratch....
...Investors had expected it to be certified in the first half of this year before being delivered to its launch customer, Southwest Airlines....
...This article has been amended since initial publication to correct Southwestern Airlines to Southwest Airlines...
...Even Southwest is the result of numerous acquisitions. The financial market may be smarter than antitrust lawyers, as Spirit’s share price immediately declined by 50 per cent after the ruling....
...The move to raise $500m in art-backed securities comes at a moment of deep distrust of Drahi in the bond market, however....
...Airlines: Air carriers Southwest Airlines, American Airlines and Alaska Air Group report earnings before the bell....
...The low-cost carrier said it planned to fly between 14 and 15 per cent more than in 2022, down from the previous guidance of 15 to 16 per cent....
...Analysts estimate that NetEase, as the publisher of Blizzard games in China, made as much as 5 per cent of its total sales from Blizzard games before the partnership was terminated....
...A pioneer of inexpensive flying, Southwest cancelled 17,000 flights over the holidays, amassing costs of more than $1bn....
...As the Southwest Airlines CEO has put it, Boeing needs to “get the issues understood and get the issues fixed”....
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