Southwest Airlines Faces Flight Disruptions at LaGuardia
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 27 2024
0mins
Should l Buy LUV?
Southwest Airlines' stock rose by 5.02% as it crossed above the 5-day SMA, reflecting positive market conditions.
However, all Southwest Airlines flights using New York LaGuardia Airport may face delays or cancellations through Monday due to an accident that occurred on Sunday. Passengers traveling with Southwest Airlines should prepare for potential travel disruptions as the situation unfolds.
The ongoing disruptions could impact customer satisfaction and operational efficiency, but the overall market strength may help mitigate some negative effects on the stock.
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Analyst Views on LUV
Wall Street analysts forecast LUV stock price to rise
14 Analyst Rating
4 Buy
9 Hold
1 Sell
Hold
Current: 36.290
Low
34.00
Averages
44.21
High
60.00
Current: 36.290
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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