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Southwest Airlines

Southwest Airlines to outline strategy to fix its profitability problem

CHICAGO: Southwest Airlines will lay out a strategy on Thursday to turn around its business and restore profit...

Published 26 Sep, 2024 11:36am

Business & Finance

Southwest Airlines expects Q4 loss after storm chaos

NEW YORK: Southwest Airlines said Friday it expects a fourth-quarter loss following last month’s system breakdown...

Published 06 Jan, 2023 09:10pm

World

US winter storm death toll rises to 61

WASHINGTON: The death toll from a fierce winter storm that gripped much of the United States over Christmas rose to...

Published 30 Dec, 2022 12:01pm

World

US digs out from monster storm as death toll passes 50

BUFFALO: The monster storm that killed dozens in the United States over the Christmas weekend continued to inflict...

Published 28 Dec, 2022 11:42am

World

US to examine Southwest Airlines cancellations, calls ‘unacceptable’

The US Transportation Department (USDOT) said late on Monday it would examine the large number of Southwest Airlines...

Published 27 Dec, 2022 11:21am

Business & Finance

US airlines see strong travel recovery after Omicron

NEW YORK: Major US carriers lifted their revenue forecasts Tuesday as a faster-than-expected travel recovery from...

Published 15 Mar, 2022 08:28pm

Business & Finance

Southwest Airlines cancels 1,000-plus flights Sunday

WASHINGTON: Southwest Airlines cancelled more than 1,000 flights Sunday, part of a major weekend service disruption...

Published 11 Oct, 2021 10:02am

Business & Finance

Southwest Airlines cuts flights to fix operational challenges

The low-cost carrier on Thursday said it will reduce an average of 27 flights a day from Sept. 7 through Oct. 6

Published 27 Aug, 2021 11:10am

Technology

Bank, airline web outage 'not caused' by cyberattack

Fastly offers a service to speed up loading times for websites.

Published 18 Jun, 2021 10:05am

Business & Finance

Flight delays across US after Southwest Airlines tech glitch

The problems led to a flurry of online disgruntlement aimed at the company.

Published 15 Jun, 2021 11:44am

Business & Finance

Boeing says Southwest Airlines orders 100 737 MAX planes

Earlier this month, investment firm 777 Partners ordered 24 of Boeing's 737 MAX aircraft, with an option to order 60 more.

Published 29 Mar, 2021 07:49pm

Business & Finance

US airlines see recovery signs, United expects to end cash burn in March

"I do think we're near the end of the virtual world," United Chief Executive Scott Kirby said at a J.P. Morgan conference.
Shares of United surged 7.1% to $60.30 in early trading on the New York Stock Exchange.

Updated 15 Mar, 2021 09:24pm

Business & Finance

Southwest forecasts slower cash burn as February ticket sales improve

The US vaccine roll-out has been patchy and many European countries are discouraging travel and implementing more travel curbs to contain the spread of new infections.
Despite strong cost-cutting efforts in place, airlines continue to burn millions of dollars of cash every day.

Published 16 Feb, 2021 06:27pm

World

White House meets with airline CEOs on COVID-19 travel issues

We had a very positive, constructive conversation focused on our shared commitment to science-based policies as we work together to end the pandemic.
Restore air travel and lead our nation toward recovery.

Published 12 Feb, 2021 09:20pm

Business & Finance

Southwest planning more new destinations during pandemic

Low-cost carrier Southwest recently unveiled plans to launch service at Chicago O'Hare and Houston's George Bush Intercontinental Airport.
The destinations are intended to be permanent additions to Southwest's network, he said.

Published 11 Dec, 2020 12:23am

Business & Finance

Southwest Airlines says revenue improvement slowed in recent weeks

While the company expected the election to impact trends, it is unclear whether the softness in booking trends is also a direct result of the recent rise in COVID-19 cases.
"As such, the company remains cautious in this uncertain revenue environment."

Published 12 Nov, 2020 05:24pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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