| From: Sam | 4/22/2021 2:15:50 PM | | | | | | BRIEF-Southwest Airlines Expects Business Travel Will Still Be Down 50% To 60% By The End Of This Year - Conf Call
REUTERS 2:14 PM ET 4/22/2021
Symbol Last Price Change | LUV | 61.88 | -0.16 (-0.2579%) | | QUOTES AS OF 02:14:47 PM ET 04/22/2021 |
April 22 (Reuters) - Southwest Airlines Co(LUV) :
* SOUTHWEST AIRLINES EXEC SAYS CO NOT EXPERIENCING OPERATIONAL DISRUPTION DUE TO SOME 737 MAX AIRCRAFT BEING OUT OF SERVICE - CONF CALL
* SOUTHWEST AIRLINES EXEC SAYS SAYS CO CURRENTLY HAS 64 MAX AIRCRAFT IN FLEET, WITH 32 OF THOSE AIRCRAFT CURRENTLY OUT OF SERVICE, AWAITING FAA APPROVAL
* SOUTHWEST AIRLINES(LUV) COO SAYS AFTER FAA APPROVAL, IT WILL TAKE 2-3 DAYS PER AIRCRAFT TO MAKE REPAIRS AND AIRCRAFT WORK IS EXPECTED TO BE COMPLETE IN ABOUT 3 WEEKS
* SOUTHWEST AIRLINES(LUV) PRESIDENT SAYS OUTLOOK FOR APRIL, MAY INCLUDE EXPECTATION OF SEQUENTIALLY IMPROVING LOAD FACTORS, IMPROVING PASSENGER YIELDS COMPARED TO MARCH
* SOUTHWEST AIRLINES EXEC SAYS EXPECTS YIELDS TO BE DOWN VERSUS 2019 LEVELS AS CO IS SOLELY RELIANT ON LEISURE TRAVELERS AT THIS POINT IN THE RECOVERY
* SOUTHWEST AIRLINES EXEC SAYS CO EXPECTS BUSINESS TRAVEL WILL STILL BE DOWN 50% TO 60% BY THE END OF THIS YEAR
* SOUTHWEST AIRLINES EXEC SAYS IN Q2 CO EXPECTS TO RECEIVE 7 MAX 8 DELIVERIES AND RETIRE 3 737-700S
* SOUTHWEST AIRLINES CFO SAYS CO SEES SUSTAINABLE AVIATION FUEL VOLUMES BEING MORE RELEVANT WITH TIME
* SOUTHWEST AIRLINES(LUV) CEO - "WE GET PLENTY OF ANECDOTAL INFORMATION THAT SUGGESTS BUSINESS TRAVEL WILL NOT RECOVER TO PREPANDEMIC LEVELS ANYTIME SOON"
* SOUTHWEST AIRLINES EXEC SAYS SEGMENTS OF BUSINESS DEMAND THAT ARE STARTING TO COME BACK INCLUDE DEFENSE OFFICIALS, MANUFACTURING AND TRANSPORTATION
* SOUTHWEST AIRLINES EXEC SAYS SEGMENTS THAT ARE NOT TRAVELING ARE BIG CONSULTING FIRMS, THE BIGGEST CONSUMERS OF BUSINESS TRAVEL
* SOUTHWEST AIRLINES EXEC SAYS AFTER FAA APPROVES BOEING SERVICE BULLETINS, CO IS READY TO EXECUTE REPAIR ON THE 737 MAX AIRCRAFT
* SOUTHWEST AIRLINES EXEC SAYS REPAIR ON THE 737 MAX IS "RELATIVELY STRAIGHTFORWARD"
* SOUTHWEST AIRLINES CFO SAYS CAPEX FOR FIRM ORDERS FOR 30 AIRCRAFT NEXT YEAR IS ABOUT $700 MILLION Further company coverage: |
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| To: Sam who wrote (1579) | 4/26/2021 11:40:31 PM | | From: Moonray | | | | Looks like TSA Checkpoint numbers show air travel
traffic at 60% of two years ago, but more than 10 times
what it was a year ago at this time: tsa.gov
o~~~ O |
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| From: TimF | 5/3/2021 10:24:34 AM | | | | | | A 9-year-old boy is safe after getting into a conveyor belt baggage system Saturday afternoon, Minneapolis–Saint Paul International Airport authorities said.
Airport spokesperson Patrick Hogan said the boy "dove" onto an in-line bag screening belt right where it leaves the Terminal 1 ticketing lobby and heads into the back-of-house conveyor system.
Hogan said 3 to 5 minutes later, airport police found the boy unharmed on the conveyor system. The boy, who was part of a group of about 20 people, was released back to his parents.
"There was a lot of confusion because there were so many people in the group," Hogan told KARE 11's news partner MPR News. "They were all checking their bags and putting their own bags on the conveyors, so it took a second for them to realize he was missing — but as soon as they did people sprang into action and the police were able to find him quickly."
A child was located uninjured Saturday after he made his way into the conveyer-belt baggage handling system at Minneapolis-St. Paul International Airporthttps://t.co/epHJo8aiGz
— MPR News (@MPRnews) May 2, 2021https://www.kare11.com/article/news/local/boy-safe-after-trip-through-msp-airport-baggage-system/89-a0d16b66-486d-49fd-bd37-3a13ce60576d |
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| From: Sam | 5/3/2021 11:33:04 AM | | | | | | Some airline PT changes from JPM:
* Alaska Air Group Inc : JP Morgan raises target price to $104 from $65
* Delta Air Lines Inc : JP Morgan raises target price to $63 from $49
* JetBlue Airways Corp : JP Morgan raises target price to $25 from $15
* JetBlue Airways Corp : JP Morgan raises to overweight from underweight
* Southwest Airlines Co : JP Morgan raises target price to $66 from $44
* Southwest Airlines Co : JP Morgan raises to neutral from underweight
* Spirit Airlines Inc : JP Morgan raises target price to $54 from $31
* Spirit Airlines Inc : JP Morgan raises to overweight from underweight
* United Airlines Holdings Inc : JP Morgan raises target price to $58 from $43 |
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| To: OldAIMGuy who wrote (1586) | 5/5/2021 3:27:05 PM | | From: Moonray | | | | That's a good use for those older and smaller planes. You bet.
Used to be they got sold to flight expanding world areas
like South America. But now, thanks to the pandemic, no
need for these planes for that purpose but pandemic has
created big need for cargo planes for products delivered
to homes through Internet buying.
o~~~ O |
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