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The Latest Breaking News from Southwest

This is where Southwest's first red-eye flights will go

The airline first said last year that it would start running overnight routes.

The Street

Southwest Airlines Faces Major Overhaul Amid Investor Pressure

Southwest Airlines is making strategic changes, including discontinuing open seating and potential introduction of bag fees, in response to financial chall...

Top News

Southwest Airlines Prepares To Share Profitability Plan with Investors

Southwest is hosting its Investor Day in Dallas on Thursday, when shareholders will have the opportunity to hear more about these initiatives and the airline's plan to restore its profitability.

International Business Times

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How much will Southwest Airlines change to boost profits? Some details are emerging

Southwest Airlines leaders say they will provide more details about their plan to change the airline and increase profits

The Independent UK

Southwest Airlines To Cut Flights And Jobs In Atlanta

Southwest Airlines to reduce flights to Atlanta by one-third to enhance profitability. Over 300 jobs will be cut, but employees can relocate. The airline i...

Top News

Southwest plans to cut flights in Atlanta while adding them elsewhere. Its unions are unhappy

Southwest Airlines is planning to cut about one-third of its flights in Atlanta next year to save money, and employees affected by the change are furious

The Independent UK

This is why a Southwest Airlines investor is telling shareholders to buy back shares ASAP

Major changes are being demanded at the airline.

The Street

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Alaska Airlines Jet Stops To Avoid Collision In Nashville

Alaska Airlines jet stops on Nashville runway to avoid Southwest plane, investigations ongoing. No injuries reported, but flat tires on Alaska plane.

Top News

Southwest shares drop with chairman retiring amid Elliot pressure

Elliot announced in June that it had built a 11% stake in the airline and called for the departures of Kelly and CEO Bob Jordan.

Fortune

Southwest Airlines To Revamp Board, Keep CEO Amid Investor Pressure

Southwest Airlines faces changes as it revamps its board and considers CEO replacement, responding to pressure from Elliott Investment Management.

Top News

Southwest Airlines 'Succession'-style investor battle takes first victims

The airline announces a major change.

The Street

Southwest Chairman Gary Kelly To Retire As Struggling Airline Shakes Up Board

The moves come after a meeting with large shareholder Elliott Investment Management.

International Business Times

Southwest shakes up board after coming under pressure from big shareholder

Southwest Airlines will revamp its board and the chairman will retire next year, but it intends to keep CEO Robert Jordan after a meeting with hedge fund Elliott Investment Management, which has sought a leadership shakeup at the airline including Jordan’s ouster

The Independent UK

An entire city is suing Southwest Airlines (here is why)

A city official cites "seven years of investigations and negotiations."

The Street

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International Business Times

Major US Airlines Face Federal Probe Over Loyalty Program Practices

The four largest U.S. air carriers — Delta Air Lines Inc., American Airlines Group Inc., United Airlines Holdings Inc. and Southwest Airlines Co.— have to submit detailed reports on their reward programs within 90 days.

The Street

Fears that Southwest will come after two bag policy mount

The airline’s new investors are pushing for bigger cost-cutting.

The Street

Analyst resets Southwest stock price target on revenue initiatives

This is what could happen next to Southwest Airlines shares.

The Street

Southwest is making a change some travelers will love

A major airline promotion is back.

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Fortune

Southwest Airlines is under attack—and it's something founder Herb Kelleher always worried about

Southwest's co-founder, who died five years ago, created the company’s singularly successful model and oversaw 47 consecutive quarters of profitability.

Fortune

Former United Airlines CEO: Activist investors are wrong about Southwest. Running an airline requires more than just financial acumen

'Replacing executives at this critical juncture could disrupt the momentum and stability that Southwest needs to implement changes,' writes Oscar Munoz.

The Street

Southwest Airlines' Succession-style boardroom battle

An activist investor in the airline has been making bold announcements.

Kiplinger

Stock Market Today: Dow Gains 242 Points After Encouraging CPI Data

The Nasdaq Composite ended flat, though, as Alphabet sold off on more regulatory woes.

Kiplinger

Southwest Gears Up for Proxy Fight With Elliott Investment

Elliott Investment is seeking major changes at Southwest Airlines, including several board seats. Here's what a proxy battle could mean.

Top News

Elliott Investment Management Launches Proxy Fight With Southwest Airlines

Elliott Investment Management challenges Southwest Airlines' board due to performance issues, proposing significant changes.

The Street

An in-depth look at Southwest Airlines' pilot salaries including pay rates for captains and first officers, benefits, and their 2024 hiring outlook

Taking lessons from its December 2022 holiday meltdown, Southwest now ranks first in customer service and offers its pilots some of the industry’s highest salaries

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