Southwest Airlines Is Hitting High This Week: Much Of A Deal For Investment?

Southwest Airlines LUV has mandated that all its employees receive COVID-19 vaccines by December 8, 2021. The vaccinations are required under President Biden’s directive. LUV stock is jumping higher this week. It is trading at $53.66 in today’s pre-market session. It moved from costing $50.92 on September 30. Due to the government’s requirement that federal contractors be vaccinated against COVID-19, many airlines have started offering vaccinations for free.

Due to the federal government’s requirement that all US airlines must fully comply with the COVID-19 vaccination directive, Southwest employees have been asked to get fully vaccinated against the virus. Gary Kelly, the chairman, and CEO of Southwest Airlines said that the company would comply with the COVID-19 vaccination directive. Alaska Airlines, American Airlines, and JetBlue Airways required their employees to get vaccines to be able to follow the federal rules. As of December 31, 2020, Southwest Airlines had a total fleet of over 700 Boeing aircraft. It served a total of 107 destinations in 40 states, including the District of Columbia, Mexico, Central America, and the Caribbean.