6 result(s) displayed (1 - 6 of 6):

Southwest Air CEO: Worst not over for sector (from Corporate Dealmaker)

Southwest Airlines Co. (NYSE:LUV) CEO Gary Kelly (pictured) served up a warning along with the airline's third-quarter earnings on Thursday: Despite signs of economic recovery, the worst is not behind the airline sector.Dallas-based Southwest earned a profit of $23 million excluding special items (all in, the company lost $16 million),...

Posted on October 15, 2009 3:10 PM

Southwest hunting deals, but targets limited (from Corporate Dealmaker)

Southwest Airlines Co.'s (NYSE:LUV) CEO Gary Kelly told The Wall Street Journal Thursday that his airline, fresh off losing a bankruptcy court-sponsored auction to buy Frontier Airlines Holdings Inc., could be in the market for another deal. But despite the comment, there are significant hurdles standing in the way of...

Posted on August 21, 2009 8:45 AM

Republic brings more than cash to Frontier fight (from Corporate Dealmaker)

Money talks, as the saying goes. But when the auction of bankrupt Frontier Airlines Holdings Inc. commences Thursday morning in New York, suitor Republic Airways Holdings Inc. (NASDAQ:RJET) will likely argue merits beyond just cash considerations if it hopes to outlast mighty Southwest Airlines Co. (NYSE:LUV) and win control of...

Posted on August 12, 2009 4:10 PM

Southwest heavy favorite in Frontier fight (from Corporate Dealmaker)

Bids are due Monday to buy Frontier Airlines Holdings Inc. out of bankruptcy, with at least two potential suitors offering radically different futures for the Denver-based discounter.Frontier can count on bids from regional jet operator Republic Airways Holdings Inc. (NASDAQ:RJET) and rival Southwest Airlines Co. (NYSE:LUV). Though industry sources say...

Posted on August 3, 2009 2:33 PM

Union unrest at a maturing Southwest Airlines (from Corporate Dealmaker)

Southwest Airlines Co. (NYSE:LUV) got a taste of what it is like to be an airline on Wednesday, as its pilots voted down a collective bargaining agreement that would have provided them a raise in the middle of a severe slump in the industry.The vote is a rare bit of...

Posted on June 3, 2009 4:46 PM

Midwest Air strikes back in battle of Milwaukee (from Corporate Dealmaker)

A day after Southwest Airlines Co. (NYSE:LUV) announced plans to initiate service in Milwaukee, Midwest Airlines Inc. fired back Thursday with an announcement that will bring bigger planes with better range into the fleet of the city's hometown carrier.Midwest, which is majority owned by private equity firm TPG Capital, said...

Posted on May 21, 2009 5:30 PM