Southwest Airlines is in the middle of major makeover that has angered some of its most loyal fans. On Wall Street, however, the changes are landing much better.
Boeing narrowly beat Airbus in the order tally at the Farnborough Airshow. It's a key signal that Boeing's new CEO, Kelly Ortberg, is turning the American planemaker around.
DALLAS, July 30, 2026 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) Board of Directors declared a quarterly cash dividend of $.18 per share to Shareholders of record at the close of business on September 3, 2026, on all shares then issued and outstanding. The quarterly dividend will be paid on September 24, 2026.
Major U.S. airlines will need to retrofit planes by the end of 2030 to address potential wireless interference after a new auction of wireless spectrum, but the carriers will be eligible for as much as $2.2 billion in government rebates to cover the costs, the Federal Aviation Administration said on Friday.
A rapid rise in jet fuel prices is forcing U.S. airlines to rewrite earnings expectations, exposing how quickly higher fuel costs can outpace revenue gains from strong travel demand.
Southwest Airlines sent a barge with 12.6 million gallons of jet fuel through the Panama Canal to Los Angeles this spring in case of fuel shortages. This year's jump in fuel costs has eaten into airline earnings.
Southwest Airlines Co (NYSE:LUV) shares fell about 5% in early trading Thursday after the airline reported stronger-than-expected second-quarter results but issued a third-quarter earnings outlook that fell below Wall Street expectations. The company reported adjusted earnings per share of $0.94 for the second quarter, ahead of consensus estimates of $0.51.