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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 carriers will continue to outperform low-cost airlines due to demand for premium travel.
Southwest Airlines Stock Drops as DOT Sues Over 'Chronically Delayed Flights'
Southwest Airlines stock fell Thursday after the Department of Transportation sued the airline over a pair of "chronically delayed flights."
Southwest Airlines Stock Falls on DOT Lawsuit, New Sell Rating
The Transportation Department alleges Southwest Airlines was “illegally operating multiple chronically delayed flights” in 2022.
Southwest stock rating cut to Underperform by BofA
BofA Securities revised its stance on Southwest Airlines Co. (NYSE:LUV), downgrading the carrier's stock rating from Neutral to Underperform and adjusting the price target to $31.00, a decrease from the previous $31.
3d
on MSN
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 ...
4h
on MSN
Bay Area flight at heart of DOT's lawsuit against Southwest
The Transportation Department continues its battle against chronically delayed flights with new actions against Southwest, ...
3d
on MSN
Transportation Department Sues Southwest Airlines Over ‘Chronically Delayed Flights’
The Transportation Department accused Southwest Airlines of operating “chronically delayed flights,” according to multiple ...
Travel + Leisure on MSN
2d
U.S. Government Fines Frontier, Sues Southwest Over Chronically Delayed Flights
The DOT's moves come weeks after issuing a multi-million dollar fine against JetBlue.
Axios Sneak Peek on MSN
2d
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, ...
ConsumerAffairs
2d
Southwest sued for "unlawful chronic flight delays"
The U.S. Transportation Department has sued Southwest Airlines for violating rules about setting realistic flight schedules.
3d
on MSN
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 ...
2d
Southwest Airlines hit with US lawsuit over delayed flights in 2022
As part of a regulatory crackdown on “chronically” late flights, federal transport regulators are suing the carrier after ...
2d
on MSN
USDOT sues Southwest Airlines over ‘chronically delayed’ flights
The US Department of Transportation (USDOT) is suing Southwest Airlines for “illegally operating multiple chronically delayed ...
3d
on MSN
Government sues Southwest Airlines over ‘chronically delayed’ flights
A lawsuit filed against Southwest alleges the airline operated multiple “chronically delayed” flights affecting thousands of ...
1d
Starship explosion diverted commercial flights on Thursday
Commercial airlines had to divert or delay their flights to avoid debris from the SpaceX Starship spacecraft that exploded ...
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