JHVEPhoto/iStock Editorial via Getty Images Southwest Airlines Co. (NYSE:LUV) and Archer Aviation (NYSE:ACHR) announced on Friday that they have signed a memorandum of understanding. The MOU is to develop operational plans for electric air taxi networks utilizing Archer’s (ACHR) eVTOL aircraft at California airports where Southwest (LUV) operates flights. SouthwestContinue Reading
Angel Di Bilio/iStock Editorial via Getty Images The board of directors at Southwest Airlines (NYSE:LUV) announced on Wednesday that it has approved the adoption of a limited-duration shareholder rights plan. The rights plan will be triggered if an entity holds a 12.5% economic interest in the company. In addition, theContinue Reading
Angel Di Bilio/iStock Editorial via Getty Images Southwest Airlines Co. (NYSE:LUV) fell sharply in premarket trading after the airline carrier provided a business update. The company said its operational performance in Q2 continues to be strong, with minimal cancellations so far. Completion factor quarter-to-date has averaged approximately 99.5%, despite challengingContinue Reading
