Southwest Airlines (LUV) Tops Q1 EPS by 26c, Revenues Miss

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Southwest Airlines (LUV) Prices 70M Share Upsized Common Offering at $28.50/Sh and $2B Offer of 1.25% Convertible Senior Notes Due 2025

April 29, 2020 5:53 AM EDT

Southwest Airlines Co. (NYSE: LUV) today announced it has priced its underwritten public offering of 70,000,000 shares of common stock of the Company at a public offering price of $28.50 per share (the "Common Stock Offering") and its underwritten public offering of $2.0 billion aggregate principal amount of 1.250% Convertible Senior Notes due 2025 (the "Convertible Notes" and such offering, the "Convertible Notes Offering"). The size of the Common... More

Southwest Airlines (LUV) Announces Proposed 55M Share Common Offering & $1B Convertible Senior Notes Offering Due 2025

April 28, 2020 6:37 AM EDT

Southwest Airlines Co. (NYSE: LUV) today announced that it has commenced an underwritten public offering... More

Southwest Airlines (LUV) Said to Discuss Raising New Equity, Debt - Bloomberg

April 27, 2020 3:52 PM EDT

Southwest Airlines (NYSE: LUV) Said to Discuss Raising New Equity, Debt - Bloomberg

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Southwest Airlines (LUV) IV below 100 into capital and cash flow outlook

April 27, 2020 10:34 AM EDT

Southwest Airlines (NYSE: LUV) May weekly call option implied volatility is at 96, May is at 78; compared to its 52-week range of 17 to 204 into the expected release of quarter results before the bell on April 28. Call put ratio 1.67 calls to 1 put.

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U.S. airlines receive extra $9.5 billion in payroll support: U.S. Treasury

April 25, 2020 12:16 PM EDT

By Jonathan Landay and David Shepardson

WASHINGTON (Reuters) - The U.S. Treasury Department said on Saturday it has released $9.5 billion in additional funds from the Payroll Support Program to U.S. air carriers, bringing to $12.4 billion the total provided to the airline sector hit hard by the coronavirus pandemic.

In total, the government has disbursed grant funds to 10 major airlines and 83 smaller carriers.

Congress approved $25 billion in grants for payroll assistance for passenger airlines. Treasury required major airlines receiving more than $100 million in assistance to repay 30% in low-interest loans over 10 years and issue warrants... More

Trump Says U.S. Could Buy 4-5 Years of Tickets for Airlines - Bloomberg

April 24, 2020 12:42 PM EDT

Trump Says U.S. Could Buy 4-5 Years of Tickets for Airlines - Bloomberg

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