JetBlue (JBLU) and Southwest Airlines (LUV) edged lower on Friday after BofA Global Research downgraded both stocks to ‘Underperform’ from ‘Neutral’. According to TheFly, the BofA analyst said both airlines trade at the high end of historical valuation ranges despite less exposure to "the strongest industry trends.
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.
The Transportation Department continues its battle against chronically delayed flights with new actions against Southwest, featuring a Bay Area route.
The Transportation Department is stepping up enforcement of persistent flight delays with a civil lawsuit against Southwest Airlines and a fine against Frontier Airlines.
Southwest Airlines stock fell Thursday after the Department of Transportation sued the airline over a pair of "chronically delayed flights."
Snag one-way flights for as low as $49 on these airlines right now during winter deals taking place through Jan. 14.
The US Department of Transportation (USDOT) is suing Southwest Airlines for “illegally operating multiple chronically delayed flights and disrupting passengers’ travel,” according to a press release.
A lawsuit filed against Southwest alleges the airline operated multiple “chronically delayed” flights affecting thousands of passengers.
The Biden administration on Wednesday sued Southwest Airlines, accusing the carrier of illegally operating multiple chronically delayed flights and disrupting passengers’ travel. The
Southwest Airlines (LUV – Research Report) received a Sell rating and a price target from Citi analyst Stephen Trent yesterday. The company’s
The US Department of Transportation sued Southwest Airlines and fined Frontier Airlines for flight delays, seeking civil penalties against Southwest and imposing a $650,000 fine on Frontier, part of a broader crackdown on airline delay issues.