Southwest Airlines Co Developments
Southwest Airlines Co has been cleared of a lawsuit by the Department of Justice (DOJ). The lawsuit had accused the company of setting unrealistic flight schedules, which led to delays.
Key details of the lawsuit resolution:
- The DOJ dropped the lawsuit against Southwest Airlines Co.
- The lawsuit alleged that the company’s flight schedules were unrealistic, resulting in delays.
The resolution of the lawsuit has likely had a positive impact on the company’s stock price. The current trend of the stock price is upward.
Southwest Airlines Co has also been recognized for its ability to return cash to shareholders. This is a key strategy for the company.
Key shareholder return strategies employed by Southwest Airlines Co:
- The company has a history of returning cash to shareholders through dividends and share repurchases.
- This strategy has been recognized as a key component of the company’s overall business plan.
The developments suggest a positive outlook for Southwest Airlines Co, with its stock price potentially continuing to rise.