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Southwest Airlines, Frontier
Southwest Airlines Stock Drops as DOT Sues Over 'Chronically Delayed Flights'
Key Takeaways Southwest Airlines stock fell Thursday after the Department of Transportation sued the airline over a pair of "chronically delayed flights."The federal agency says Southwest operated two flights in 2022 that arrived later than scheduled more than half the time for five consecutive months.
The DOT sues Southwest and fines Frontier
Yesterday, the United States and U.S. Department of Transportation (DOT) disclosed a lawsuit against Southwest Airlines, accusing the airline of chronically delayed flights and interrupting passengers’ travels.
US government sues Southwest Airlines and fines Frontier for chronically delayed flights
The Transportation Department is taking legal action against Southwest, alleging the airline illegally operated persistently delayed flights and disrupted passengers' travel plans.
Southwest Airlines Sued by DOT Over Flight Delays on 2 Major Routes
DOT sues Southwest Airlines, accusing the airline of chronic flight delays while citing unrealistic scheduling that disrupted passengers.
DOT goes after 2 more airlines over delayed flights
Southwest Airlines was sued in federal court by the Department of Transportation, while Frontier was hit with a $650,000 fine.
Citigroup, Southwest
Southwest’s valuation is out of whack, Citi says in new ‘sell’ call
Southwest Airlines’ stock was falling Thursday, after Citigroup downgraded the stock to sell from neutral, arguing that the valuation has risen while earnings quality and free-cash-flow conversion have deteriorated.
Southwest downgraded to Sell from Neutral at Citi
Citi analyst Stephen Trent downgraded Southwest (LUV) to Sell from Neutral with a price target of $29.50, down from $31.50. Southwest’s
Citi rates Southwest stock sell, says earnings quality declining
Co. to "Sell" from "Neutral" on declining earnings quality and weaker cash flow conversion compared to pre-pandemic levels. The brokerage also reduced its price target to $29.50 from $31.50.
2h
on MSN
Southwest Airlines pilot arrested for DUI in Georgia 'removed from duty': reports
David Allsop, 52, is charged with driving under the influence, according to Chatham County Sheriff's office jail records.
6h
on MSN
Southwest pilot removed from cockpit, booked for DUI
A Southwest Airlines pilot was removed from the cockpit ahead of a Wednesday flight from Georgia to Chicago and was booked on ...
5h
on MSN
Southwest pilot pulled from cockpit by cops in front of stunned passengers after ‘showing up to work drunk’
The pilot allegedly smelled of alcohol and was removed by airport police before he flew Southwest Flight 3772 to Chicago from ...
4h
Southwest pilot charged with DUI, arrested at Georgia airport
David Allsop, 52 from New Hampshire, was arrested at the Savannah/Hilton Head International Airport on Wednesday morning.
17h
on MSN
Southwest Airlines pilot accused of DUI is arrested at Georgia airport before flight
A Southwest Airlines pilot was arrested at a Georgia airport and accused of DUI on Wednesday. A Transportation Security ...
20h
on MSN
Southwest Airlines pilot arrested at Georgia airport for allegedly showing up to work intoxicated: police
A Southwest Airlines pilot was arrested at Savannah/Hilton Head International Airport in Georgia for allegedly driving under ...
2d
Southwest to pause some hiring, summer internships in cost-cutting measure
Southwest Airlines is looking to trim costs by implementing a hiatus on certain hiring, most summer internships and "rallies" ...
4h
Walgreens closing 5 stores on South and West sides
Walgreens will close five Chicago stores next month, part of the Deerfield-based pharmacy chain’s plan to shutter 1,200 ...
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