El Paso Airport Grounded Due to Security Reasons
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 days ago
0mins
Should l Buy LUV?
Source: seekingalpha
- Flight Grounding: The FAA has halted all flights in and out of El Paso, Texas, from February 10 at 11:30 PM (MST) to February 20 at 11:30 PM (MST) due to 'special security reasons,' affecting approximately 55 daily departures and significantly disrupting local transportation and economic activities.
- National Defense Airspace: The affected area has been designated as 'national defense airspace,' with the FAA warning that the government may use deadly force against aircraft deemed to pose an imminent security threat, raising widespread public concern and anxiety regarding safety.
- Strong Community Reaction: Local Congresswoman Veronica Escobar described the move as 'highly consequential' and 'unprecedented,' noting that while there is no immediate threat to the community, the sudden nature of the restrictions has caused significant worry among residents, prompting calls for the FAA to lift the restrictions immediately.
- Lack of Advance Notice: Escobar emphasized that the FAA did not provide advance notice to her office, the City of El Paso, or airport operations personnel, resulting in airport staff needing to urgently seek further guidance from the FAA, which has hampered normal flight operations.
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Analyst Views on LUV
Wall Street analysts forecast LUV stock price to fall
14 Analyst Rating
4 Buy
9 Hold
1 Sell
Hold
Current: 50.830
Low
34.00
Averages
44.21
High
60.00
Current: 50.830
Low
34.00
Averages
44.21
High
60.00
About LUV
Southwest Airlines Co. (Southwest) operates Southwest Airlines, a passenger airline that provides scheduled air transportation in the United States and near-international markets. The Company's fare products include four categories: Wanna Get Away, Wanna Get Away Plus, Anytime, and Business Select to provide customers options when choosing a fare. It also offers ancillary services, such as EarlyBird Check-In, Upgraded Boarding, and transportation of pets and unaccompanied minors, in accordance with Southwest’s respective policies. Its Rapid Rewards loyalty program enables program members to earn points for every dollar spent on Southwest base fares, also including purchases paid with LUV Vouchers, gift cards, or flight credit, with no portion of the purchase price paid with Rapid Rewards points. It operates over 803 Boeing 737 aircraft in its fleet and serves 117 destinations in 42 states, the District of Columbia, the Commonwealth of Puerto Rico, and ten near-international countries.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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