Southwest Airlines could be showering investors with a little more 'LUV' when it reports its fiscal third-quarter earnings next month, thanks to higher passenger traffic and streamlining costs, particularly when measured on a per-flyer basis.
Southwest Airlines is on track for another quarter of strong earnings, even as it continues to deal with the ongoing impact of the Boeing Max groundings as well as the recent impact of Hurricane Dorian.
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The airline's shares had been losing altitude well before the attack on Saudi oil production operations over the weekend.
Airline stocks drop following a weekend attack on two key Saudi Arabian oil facilities that pushes oil prices to briefly their highest since the 1991 Gulf War, prompting concern that jet-fuel costs are likely headed higher.
Beijing has launched an attack on Hong Kong property developers while demanding that Communist-controlled corporations invest in the city's listed companies.
The planemaker is still reeling from the fallout related to the grounding of its 737 MAX aircraft.
Boeing shares are rising despite another rough month of orders and deliveries.
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