JetBlue (JBLU) and Southwest Airlines (LUV) edged lower on Friday after BofA Global Research downgraded both stocks to ‘Underperform’ from ‘Neutral’. According to TheFly, the BofA analyst said both airlines trade at the high end of historical valuation ranges despite less exposure to "the strongest industry trends.

The Transportation Department also announced $650,000 in civil penalties against Frontier Airlines on Wednesday, citing chronically delayed flights. $325,000 will be paid to the U.S. Treasury while the remainder can be suspended if Frontier does not operate more chronically delayed flights in the next three years.

Airline stocks were mixed on Friday after Bank of America upgraded American Airlines Group Inc. and downgraded Southwest Airlines Co. and JetBlue Airways Corp., predicting that the network carriers will continue to outperform low-cost airlines due to demand for premium travel.

The Department of Transportation is suing Southwest Airlines, accusing it of operating two “chronically delayed flights” in 2022 that resulted in 180 flight disruptions.

The DOT filed a lawsuit against Southwest Airlines, citing a pattern of chronic delays, as the government pushes for stricter accountability.

Southwest Airlines stock fell Thursday after the Department of Transportation sued the airline over a pair of "chronically delayed flights."

The Transportation Department is stepping up enforcement of persistent flight delays with a civil lawsuit against Southwest Airlines and a fine against Frontier Airlines.

Venmo payment options are the latest announcement in a broader effort from JetBlue to enhance its services and boost profits. The struggling low-cost carrier has searched for new revenue streams as larger airlines introduce their own budget options, increasing competition for those flyers.

JetBlue is adding a new premium travel tier to its flights with perks including more leg room, two complimentary alcoholic drinks and early boarding as part of the airline’s blitz of higher-end options to draw more travelers to its flights.

It’s possible to score Southwest Rapid Rewards points at a much lower rate right now thanks to the airline’s newest sale.

A lawsuit filed against Southwest alleges the airline operated multiple “chronically delayed” flights affecting thousands of passengers.

Airline stocks were mixed on Friday after Bank of America upgraded American Airlines Group Inc. and downgraded Southwest Airlines Co. and JetBlue Airways Corp., predicting that the network ...