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Southwest to Begin Nonstop Flights from LaGuardia to Tampa
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Per media reports, Southwest Airlines Co. (LUV - Free Report) will soon launch nonstop flights operating daily between the Tampa International Airport (TIA) and LaGuardia Airport. The company intends to provide additional choices for passengers travelling to New York with this move. The service is likely to commence from Jun 5, 2017. The sale of tickets is expected to begin on Jan 5, for passengers to plan their summer holidays. The initial fare is projected to be around $89 for one way and around $178 for a round trip, subject to change.
The company estimates to target the large volume of passengers traveling from Tampa to New York, annually. Southwest will operate 737s between the two cities, with a seating capacity of 143 passengers. The first flight will be scheduled at 5.40 a.m., while the second one will leave Tampa’s airport daily at 2.35 p.m.
The company has also introduced flights between TIA and Havana, Cuba in Dec 2016. Several other airlines have also commenced flights from American cities to Cuba, including American Airlines Group Inc. (AAL - Free Report) . The Tampa airport, at present, is seeing a $1-billion expansion, which is significantly expected to boost capacity and traffic at the airport. This expansion also includes 65 new concessions, which will improve customers’ dining and shopping experience. Other airlines offering nonstop flights from TIA to LaGuardia include Delta Air Lines Inc. (DAL - Free Report) and Spirit Airlines (SAVE - Free Report) .
We note that Southwest’s stock has outperformed the broader Zacks categorized Transportation-Airlines industry. The company gained 31.20%, while the industry gained 16.88% over the same period.
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Southwest to Begin Nonstop Flights from LaGuardia to Tampa
Per media reports, Southwest Airlines Co. (LUV - Free Report) will soon launch nonstop flights operating daily between the Tampa International Airport (TIA) and LaGuardia Airport. The company intends to provide additional choices for passengers travelling to New York with this move. The service is likely to commence from Jun 5, 2017. The sale of tickets is expected to begin on Jan 5, for passengers to plan their summer holidays. The initial fare is projected to be around $89 for one way and around $178 for a round trip, subject to change.
The company estimates to target the large volume of passengers traveling from Tampa to New York, annually. Southwest will operate 737s between the two cities, with a seating capacity of 143 passengers. The first flight will be scheduled at 5.40 a.m., while the second one will leave Tampa’s airport daily at 2.35 p.m.
The company has also introduced flights between TIA and Havana, Cuba in Dec 2016. Several other airlines have also commenced flights from American cities to Cuba, including American Airlines Group Inc. (AAL - Free Report) . The Tampa airport, at present, is seeing a $1-billion expansion, which is significantly expected to boost capacity and traffic at the airport. This expansion also includes 65 new concessions, which will improve customers’ dining and shopping experience. Other airlines offering nonstop flights from TIA to LaGuardia include Delta Air Lines Inc. (DAL - Free Report) and Spirit Airlines (SAVE - Free Report) .
Zacks Rank
Southwest carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We note that Southwest’s stock has outperformed the broader Zacks categorized Transportation-Airlines industry. The company gained 31.20%, while the industry gained 16.88% over the same period.
Zacks’ Best Private Investment Ideas
In addition to the recommendations that are available to the public on our website, how would you like to follow all Zacks' private buys and sells in real time?
Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Starting today, for the next month, you can have unrestricted access. Click here for Zacks' private trades >>