Southwest Buying Stock, May Issue Debt
Southwest Airlines is about 60% through its second stock repurchase of the year and may replenish cash by borrowing. The carrier finished the first buyback in May—20.5 million shares for about $300 million—and the airline says in a Securities and Exchange Commission report that as of July 17 it had...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.