Home > Southwest Shares Drop Due To Spike In Cancellations

Business
Southwest Shares Drop Due To Spike In Cancellations

Description

According to Reuters, shares for Southwest Airlines fell more than 5-percent due to a spike in flight cancellations. The low-cost air carrier said they are investigating the cause of the cancellations, which be involve a conflict with its mechanics union. On the day, Southwest stock dropped 5.7-percent, falling to $54.41 a share. But the Dallas-based airline was also forced to delay its planned Hawaii launch recently, due to the federal government shutdown, which also cut into its first-quarter revenue growth forecast.

Added on the 21/02/2019 15:46:04 - Copyright : Wochit

To customise your video :

Generic export code

More videos on the subject

Passengers stranded at Nashville airport as Southwest Airlines cancels flights due to weather

Passengers are stranded at Nashville International Airport after several Southwest Airlines flights were cancelled due to a severe winter storm. IMAGES

28/12/2022 - AFPTV - First images
Myanmar expects 18% GDP drop due to coup, pandemic

Yangon, Aug 6 (EFE/EPA).- (Camera: Lynn Bo Bo)The World Bank of Myanmar published the economic results of the country, which was strongly affected and expects an 18% GDP drop due to the pandemic and the coup. FOOTAGE OF YANGON AND THE PORT.

06/08/2021 - EFE Inglés
West Bank to remain closed on weekends due to spike in Covid cases

Nablus/Hebron (West Bank), Nov 27 (EFE / EPA), (Camera: Alaa Badarneh / Abed Al Hashlamoun).- The Palestinian National Authority (PNA) has ordered the closure of all stores in the West Bank, except pharmacies and bakeries, on the weekend (Friday and Saturday), as well as the closure of all businesses at 7 pm every weekday. FOOTAGE OF NABLUS (00:00 - 02:32) AND HEBRON (02: 32- 04:21).

27/11/2020 - EFE Inglés
Lowe's Shares Drop As Earnings Fall Short Of Estimates

On Wednesday, Lowe's reported quarterly same-store sales growth of more than 30%. Sales for the third quarter were $22.3 billion. That's compared to $17.4 billion in the same quarter in 2019. Lowe's said their online sales doubled in the third quarter. The company's earnings of $1.98 per share were one cent short of estimates from analysts, and its shares fell. Lowe's net income fell to $692 million, or 91 cents per share, for the quarter ending October 30, 2020.

18/11/2020 - Wochit
Nikkei closes with 3.47% drop due to Covid fears

Tokyo, Jun 15 (EFE / EPA) .- (Camera: Franck Robichon) The Tokyo Stock Exchange closed on Monday with a 3.47% drop in its main indicator, the Nikkei, a decline that sharpened after the midday break due to fears of a new coronavirus outbreak in Japan.FOOTAGE OF THE MARKET INDICATORS IN TOKYO.

15/06/2020 - EFE Inglés
Oil prices drop dramatically due to low gas prices

Midland (Texas), Apr 6 (EFE).- Gas prices across the US are extremely low causing oil prices to drop dramatically in part due to the COVID-19 coronavirus. (Camera: LARRY SMITH).FOOTAGE SHOWS AN OIL PUMP IN AN OIL FIELD NEAR MIDLAND, TEXAS, USA.

07/04/2020 - EFE Inglés