Breaking News
Investing Pro 0
🙌 It's Here: the Only Stock Screener You'll Ever Need Get Started

Southwest Airlines likely to generate a small profit in Q4 - Raymond James

Stock Markets Dec 29, 2022 14:25
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters.
 
JBLU
+1.47%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
LUV
+1.59%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
ALK
+2.10%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
AAL
+0.29%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

By Sam Boughedda 

Raymond James analysts said in a note to clients Thursday that, unsurprisingly, the recent weather impact on flights and Southwest Airlines (NYSE:LUV) operations means the carrier will feel the greatest impact on its earnings compared to others.

"For airlines in general, bad weather in a single region (let alone a rolling impact across multiple regions) during this peak holiday period is tough due to full planes and greater risk of flight crews "timing out" towards the end of the month," the analysts explained. "Moreover, most of the revenue and profits in 4Q are generated in the 2H of November and December."

However, they said Southwest is still likely to generate a small profit in 4Q22.

"Southwest's exposure to airports that struggled the most with severe weather combined with its 'daisy chain' point-to-point network and less sophisticated crew scheduling system appears to have led to the meltdown," the analysts added.

Furthermore, they believe the next most impacted is Alaska Air Group (NYSE:ALK), while American Airlines (NASDAQ:AAL) and JetBlue Airways (NASDAQ:JBLU) are likely the least impacted among airlines under Raymond James coverage.

Southwest Airlines likely to generate a small profit in Q4 - Raymond James
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email