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.

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.

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

The US Department of Transportation (USDOT) is suing Southwest Airlines for “illegally operating multiple chronically delayed flights and disrupting passengers’ travel,” according to a press release.

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 Transportation Department continues its battle against chronically delayed flights with new actions against Southwest, featuring a Bay Area route.

The DOT's moves come weeks after issuing a multi-million dollar fine against JetBlue.

The U.S. Transportation Department has sued Southwest Airlines for violating rules about setting realistic flight schedules. The department said Southwest

As part of a regulatory crackdown on “chronically” late flights, federal transport regulators are suing the carrier after reaching deals with two others.

Air New Zealand, which flies one of the longest regularly scheduled routes on the entire planet, took the top award, handed out by AirlineRatings.com. The Kiwi carrier serves Auckland, New Zealand’s largest city, from New York’s JFK Airport — a distance of 8,828 miles. The trip takes 16 hours and 15 minutes.

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

President Joe Biden's administration on Wednesday sued Southwest Airlines , accusing the carrier of illegally operating multiple chronically delayed flights and disrupting passengers’ travel.