Southwest Airlines reports better-than-expected earnings, revenue despite 737 Max jet grounding

Southwest Airlines first-quarter profit and revenue were better than expected despite the prolonged grounding of the Boeing 737 Max jets that forced it to cancel more than 10,000 flights during the quarter, the company said Thursday.Here's what the airline reported, versus average analysts estimates compiled by Refinitiv:

The 737 Max has been grounded since mid-March after the jet's anti-stall software was implicated in two fatal crashes in Ethiopia and Indonesia.

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It's amazing how well you can do when you allow the customer to change their travel plans for free, check 2 bags free, not nickel and dime to death. SouthwestAir SpiritAirlines AmericanAir Delta

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Boeing's stock swings higher after Q1 results, which include $1 billion increased cost for 737 businessBoeing Co.'s commercial airplanes business suffered first-quarter declines in profit, revenue and margin in the wake of groundings of its 737 MAX planes... $BA is not a stock which could grow.. Beautiful! 'Boeing's stock has gained 4.4% over the past three months through Tuesday, while the Dow Jones Industrial AverageDJIA+0.55% has gained 8.6%...'
منبع: MarketWatch - 🏆 3. / 97 ادامه مطلب »

Buy any Boeing pullback in first earnings since 737 Max crisis, market watcher saysWall Street is about to get its first glimpse at how Boeing has weathered its 737 Max crisis. Overlook any near-term weakness, says Mark Tepper.
منبع: CNBC - 🏆 12. / 72 ادامه مطلب »