Looking for winning airline stocks this year? BofA says to avoid Southwest and JetBlue.
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.
DOT sues Southwest Airlines over 2 ‘chronically delayed’ flight routes
The Department of Transportation is suing Southwest Airlines, accusing it of operating two “chronically delayed flights” in 2022 that resulted in 180 flight disruptions.
Government sues Southwest Airlines over ‘chronically delayed’ flights
A lawsuit filed against Southwest alleges the airline operated multiple “chronically delayed” flights affecting thousands of passengers.
JetBlue now takes Venmo online bookings, a first for airlines
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JetBlue to start accepting Venmo for flights
JetBlue becomes first airline to accept Venmo for bookings: ‘Just Venmo us'
Southwest Airlines sued, Frontier fined over flight delays in DOT’s latest crackdown
The DOT filed a lawsuit against Southwest Airlines, citing a pattern of chronic delays, as the government pushes for stricter accountability.
US government sues Southwest Airlines and fines Frontier for chronically delayed flights
The Transportation Department is stepping up enforcement of persistent flight delays with a civil lawsuit against Southwest Airlines and a fine against Frontier Airlines.
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Transportation Department sues Southwest, fines Frontier Airlines over chronic flight delays
Southwest Airlines is being sued and Frontier Airlines fined over chronic flight delays by the Department of Transportation, the DOT announced Wednesday. Why it matters: Wednesday's announcement by the outgoing Biden administration's Transportation Secretary,
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Looking for winning airline stocks this year? BofA says to avoid Southwest and JetBlue.
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 ...
Transportation Department sues Southwest Airlines, fines Frontier for chronically delayed flights
JetBlue then said the government, which operates the air traffic control system, shares the blame for late flights. Aviation data provider Cirium said in a report released this month that Southwest ranked fifth among the 10 North American airlines it ...
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JetBlue, Southwest Airlines Slip After BofA Downgrade: Retail Stays Bearish
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.
U.S. Sues Southwest Airlines Over Chronically Late Flights
The Department of Transportation is suing Southwest Airlines for operating flights that were plagued by routine delays, alleging the airline has misled passengers by promising a schedule it couldn’t keep.
Citi downgrades Southwest Airlines (LUV) to a Sell
Southwest Airlines (LUV – Research Report) received a Sell rating and a price target from Citi analyst Stephen Trent yesterday. The company’s