11 Best Airline Stocks to Buy Now

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6. Southwest Airlines Co. (NYSE:LUV)

Number of Hedge Fund Holders: 34 

Southwest Airlines Co (NYSE:LUV) is a prominent American airline that also operates as one of the world’s leading low-cost airlines. The company offers passenger airline services via its fleet of approximately 718 aircraft that fly to 121 locations across the globe.

On March 20, Melius Research analyst Conor Cunningham upgraded Southwest Airlines Co.’s (NYSE:LUV) shares from Sell to Hold, raising the price target to $34 from $28. The change came as the stock exhibited excellent momentum, with a 17% rise in the previous six months. Cunningham stated that after three years of underperformance relative to its rivals, 2025 might be a watershed moment for Southwest as the company’s self-help programs begin to stabilize its performance.

Southwest Airlines Co (NYSE:LUV) recently made modifications to its loyalty program and price structure, which will take effect for tickets booked beginning May 28, 2025, to increase revenue growth. In addition, the company has extended its distribution channels through a relationship with Expedia and aims to launch a new Basic fare category.

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