Is Southwest Airlines a Buy Before Earnings?
The Federal Aviation Administration (FAA) grounded all 387 Boeing (NYSE: BA) 737 MAX aircraft in March after two MAX aircraft crashed within a short period, killing 346 people.
Southwest Airlines (NYSE: LUV) was the largest customer of the MAX, ordering 280 in total before the incidents. The grounding affected Southwest's financial performance in the second quarter, and there are concerns about its impact on Southwest for the remainder of 2019 and into 2020.
Image source: Getty Images.
Source Fool.com
