International Business News - Southwest http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Southwest Airlines Co. won approval Tuesday from a bankruptcy judge to pay $7.5 million for assets of ATA Airlines, including 14 takeoff and landing slots at New York's LaGuardia Airport. http://www.ibtimes.com/articles/20081202/judge-oks-southwest-bid-for-laguardia-slots.htm Tue, 02 Dec 2008 18:35:11 EST Among the earnings projection stories for Tuesday, Dec. 2, from AP Financial News: DALLAS (AP)--Southwest Airlines Co.'s chief executive said Tuesday that travel demand slumped sharply in November and the growth-happy carrier won't expand its fleet next year. http://www.ibtimes.com/articles/20081202/outlook-roundup-southwest-airlines-skyworks.htm Tue, 02 Dec 2008 14:26:01 EST The chief executive of Southwest Airlines Co. said Tuesday that travel demand slumped sharply in November and the growth-happy carrier won't expand its fleet next year. http://www.ibtimes.com/articles/20081202/southwest-wont-increase-fleet-next-year.htm Tue, 02 Dec 2008 13:45:20 EST Southwest Airlines Co. said Tuesday its traffic fell 8.3 percent in November even as capacity stayed nearly flat. The Dallas-based carrier said traffic slid last month to 5.26 billion revenue passenger miles, from 5.74 billion a year earlier. A revenue passenger mile is an industry unit measuring one paying passenger flown one mile. http://www.ibtimes.com/articles/20081202/southwest-airlines-nov-traffic-falls-8-3-percent.htm Tue, 02 Dec 2008 09:51:39 EST Fitch Ratings lowered its credit rating on Southwest Airlines Co. Friday, citing concern that the low-cost carrier has too much debt after drawing $400 million from a revolving credit facility. http://www.ibtimes.com/articles/20081121/fitch-downgrades-southwest-airlines-on-debt.htm Fri, 21 Nov 2008 13:10:26 EST Minneapolis airport chief Jeff Hamiel claims no special knowledge for luring Southwest Airlines to his town, but loads of data and a walleye dinner seem to have done the trick. http://www.ibtimes.com/articles/20081121/minneapolis-landed-southwest-with-data-and-fish.htm Fri, 21 Nov 2008 10:52:48 EST Southwest Airlines Co. said Thursday it named two new directors, an investment partner and a former Southwest employee, bringing its board to 10 members. http://www.ibtimes.com/articles/20081120/southwest-airlines-adds-2-to-board-members.htm Thu, 20 Nov 2008 14:21:12 EST Southwest Airlines Co. has agreed to pay $7.5 million for bankrupt ATA Airlines' landing slots at New York's LaGuardia Airport, a move that would raise Southwest's profile in the nation's largest air market. http://www.ibtimes.com/articles/20081118/southwest-to-buy-ata-landing-slots-at-laguardia.htm Tue, 18 Nov 2008 23:20:17 EST Southwest Airlines Co. spent $270,000 in the third quarter to lobby on aviation safety and air traffic control issues, according to a recent disclosure report. http://www.ibtimes.com/articles/20081114/southwest-airlines-spent-270k-lobbying-in-3q.htm Fri, 14 Nov 2008 15:22:49 EST It turns out that cuts in Southwest Airlines flights from Manchester, N.H., in January will be short-lived. The airline--which said a few months ago it would cut three flights a day from Manchester-Boston Regional Airport in January--now says it will restore those flights in March. http://www.ibtimes.com/articles/20081113/southwest-says-drop-in-nh-flights-to-be-temporary.htm Thu, 13 Nov 2008 11:59:41 EST One of the knocks on Southwest Airlines--you'll hear it from fans of other carriers--is that you can't fly to London or Paris on one of its planes. That won't change right away, but Southwest is finally taking baby steps into international service. http://www.ibtimes.com/data/articleimgs/172973-southwest-airlines-alliances.jpg http://www.ibtimes.com/articles/20081111/southwest-airlines-mulls-more-intl-service.htm http://www.ibtimes.com/articles/20081111/southwest-airlines-mulls-more-intl-service.htm Tue, 11 Nov 2008 15:21:00 EST Southwest Airlines Co., looking to expand its U.S.-only service, said Monday it will sell tickets for travel to Mexico beginning in 2010 through a deal with Mexican partner Volaris. http://www.ibtimes.com/articles/20081110/southwest-airlines-plans-to-sell-travel-to-mexico.htm Mon, 10 Nov 2008 16:32:23 EST Twin Cities travelers are getting a look at what it will mean to have Southwest Airlines Co. come to their town. Southwest on Thursday announced its fares and schedule--eight flights a day to Chicago Midway, as low as $69 each way, although walk-up fares will be higher. http://www.ibtimes.com/articles/20081106/southwest-lays-out-plans-for-minneapolis-service.htm Thu, 06 Nov 2008 18:53:57 EST Capital Southwest Corp. said Tuesday it hired Raymond James & Associates to help it review options for its wholly-owned portfolio company, Lifemark Group, including a potential recapitalization or sale of Lifemark. http://www.ibtimes.com/articles/20081104/capital-southwest-mulls-options-for-lifemark-group.htm Tue, 04 Nov 2008 23:30:50 EST Southwest Airlines Co. said Tuesday its traffic rose 2.9 percent in October on a similar increase in capacity. The Dallas-based carrier said traffic rose last month to 6.21 billion revenue passenger miles, from 6.03 billion a year earlier. A revenue passenger mile is an industry unit measuring one paying passenger flown one mile. http://www.ibtimes.com/articles/20081104/southwest-airlines-october-traffic-up-2-9-percent.htm Tue, 04 Nov 2008 12:48:14 EST Labor talks between Southwest Airlines Co. and its ground workers have stalled over wages, and the union and company plan to seek federal mediation on Friday. http://www.ibtimes.com/articles/20081030/labor-talks-at-southwest-airlines-hit-snag.htm Thu, 30 Oct 2008 18:24:35 EDT Pilots at Southwest Airlines have re-elected Carl Kuwitzky, a 25-year veteran of the airline, as president of their union through 2010. The union is in negotiations for a new labor contract. http://www.ibtimes.com/articles/20081024/southwest-pilots-union-re-elects-president.htm Fri, 24 Oct 2008 19:40:42 EDT Dispatchers at Southwest Airlines Co. have voted to join the Transport Workers Union, which already represents flight attendants and ground workers at the Dallas-based carrier. http://www.ibtimes.com/articles/20081020/southwest-airlines-dispatchers-to-join-twu.htm Mon, 20 Oct 2008 16:31:01 EDT Southwest Airlines Co. lost money for the first time in 17 years as falling oil prices forced the company to write down the value of its fabled fuel-hedging transactions in the third quarter. http://www.ibtimes.com/articles/20081016/southwest-airlines-posts-3rd-quarter-net-loss.htm Thu, 16 Oct 2008 09:13:53 EDT Thanks to transactions that helped cut fuel costs, Southwest Airlines Co. is expected to extend its streak of profitable quarters when it reports third-quarter results Thursday. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20081013/earnings-preview-southwest-seen-extending-streak.htm Mon, 13 Oct 2008 19:08:46 EDT