Is Southwest Airlines poised to become the latest airline in
play for a leveraged buyout? One analyst believes the time -- and
Southwest -- is ripe for the picking.
There was more good financial news for airlines this week, as
cost-cutting measures combined with increasing demand have been
working together to boost the industry.
Boeing and CIT Aerospace, a business unit of CIT Group Inc.
announced this week an order for five Boeing Next-Generation
737-700s, valued at approximately $295 million at list prices.