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Southwest Airlines (LUV) Begins CVG Flights to Spread Wings
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Southwest Airlines Co. (LUV - Free Report) has begun flight service at Cincinnati/Northern Kentucky International Airport (CVG) in a bid to expand. Following this, the carrier offers a total of eight daily nonstop flights, five between CVG and Chicago Midway (MDW) and three between CVG and Baltimore/Washington International Airport (BWI).
The new flights’ customer-friendly policies are a welcome relief for travelers who have been paying high fares so far.
Southwest Airlines has also launched international flights on four routes from Ft. Lauderdale/Hollywood International Airport (FLL) with Cayman Islands being the newest of all countries served so far. Flights connecting California to several other destinations in the United States have also begun.
The carrier has introduced new flights between San Francisco and Portland, San Jose and Reno, San Diego and Boise and San Diego and Salt Lake City. This November, it will also start service between FLL and Providenciales, Turks and Caicos. This apart, the airline has started seasonal flights to New York (via Newark) from Oakland and San Diego, besides between San Diego, Spokane and Indianapolis.
Southwest Airlines was also in the news recently when it announced a 25% increase in dividend along with a new share repurchase program worth $2 billion. This new buyback scheme replaces a recently completed $2 billion repurchase plan. We note that another major airline operator – Delta Air Lines (DAL - Free Report) too hiked its dividend payout recently.
Shares of Air France-KLM and Deutsche Lufthansa gained over 41% and 14% over last one month.
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Southwest Airlines (LUV) Begins CVG Flights to Spread Wings
Southwest Airlines Co. (LUV - Free Report) has begun flight service at Cincinnati/Northern Kentucky International Airport (CVG) in a bid to expand. Following this, the carrier offers a total of eight daily nonstop flights, five between CVG and Chicago Midway (MDW) and three between CVG and Baltimore/Washington International Airport (BWI).
The new flights’ customer-friendly policies are a welcome relief for travelers who have been paying high fares so far.
Southwest Airlines has also launched international flights on four routes from Ft. Lauderdale/Hollywood International Airport (FLL) with Cayman Islands being the newest of all countries served so far. Flights connecting California to several other destinations in the United States have also begun.
The carrier has introduced new flights between San Francisco and Portland, San Jose and Reno, San Diego and Boise and San Diego and Salt Lake City. This November, it will also start service between FLL and Providenciales, Turks and Caicos. This apart, the airline has started seasonal flights to New York (via Newark) from Oakland and San Diego, besides between San Diego, Spokane and Indianapolis.
Southwest Airlines was also in the news recently when it announced a 25% increase in dividend along with a new share repurchase program worth $2 billion. This new buyback scheme replaces a recently completed $2 billion repurchase plan. We note that another major airline operator – Delta Air Lines (DAL - Free Report) too hiked its dividend payout recently.
Southwest Airlines Company Price
Southwest Airlines Company Price | Southwest Airlines Company Quote
Zacks Rank & Key Picks
Southwest Airlines currently carries a Zacks Rank #3 (Hold). Better-ranked stocks in the airline space are Air France-KLM SA (AFLYY - Free Report) and Deutsche Lufthansa AG (DLAKY - Free Report) . Both flaunt a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Shares of Air France-KLM and Deutsche Lufthansa gained over 41% and 14% over last one month.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana. Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>>