Southwest Airlines was downgraded from “buy” to “hold” by an investment bank based on speculation that it might look to solve its 737 Max issue through an acquisition. Southwest Airlines Co. (NYSE: LUV) has hundreds of 737 Max planes on order through Boeing Co. (NYSE: BA). The aircraft has been grounded since March after it crashed twice during a five-month period. “An acquisition by Southwest motivated by a desire to diversify away from the Max creates significant risks in the near term for LUV,"…
from https://www.bizjournals.com/baltimore/news/2019/10/21/southwest-airlines-acquisition.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/188498604777
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