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The Latest Breaking News from Southwest

Southwest Airlines To Cut 1,750 Jobs In First-Ever Mass Layoffs

Southwest anticipates these job cuts will save $210 million in 2025 and $300 million in 2026. However, the company will also incur a one-time expense of $60 million to $80 million for severance and other related costs.

International Business Times

Want 2-for-1 flights on Southwest? Check out the airline’s latest limited-time offer

If you open a new personal Southwest Rapid Rewards credit card before the end of March, you can earn a free one-year Companion Pass and 30,000 Rapid Rewards points.

Fortune

What Are Wall Street Analysts’ Target Price for Southwest Airlines Stock?

Southwest Airlines has underperformed the broader market over the past year, and analysts are cautious about the stock’s prospects.

Barchart

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Flights Resume At Reagan National Airport After Temporary Suspension

Reagan National Airport saw the resumption of flights with departures and arrivals from Southwest and Alaska Airlines.

Top News

Southwest pilot pulled from cockpit by cops in front of stunned passengers after ‘showing up to work drunk’

The flight was delayed by more than four hours, records show

The Independent UK

Transportation Department Cracks Down On Flight Delays

U.S. Transportation Department takes action against flight delays, suing Southwest Airlines, fining Frontier Airlines, and increasing scrutiny on safety.

Top News

Southwest Airlines Pauses Hiring And Events To Lower Costs

Southwest Airlines pauses hirings and events to cut costs amid board changes and pandemic challenges.

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Southwest Airlines Pausing Hiring, Internship Program In Cost Cutting Move

The airline has suffered since the pandemic and is looking to save money where it can.

International Business Times

Southwest is the latest big firm to choose a CFO search over succession planning

Tammy Romo, EVP and CFO at Southwest Airlines, will retire on April 1.

Fortune

Southwest Airlines’ Quarterly Earnings Preview: What You Need to Know

With Southwest Airlines gearing up to release its fourth-quarter earnings later this month, analysts expect a single-digit growth in quarterly earnings.

Barchart

How Buffett’s Best and Worst Stock Bets Have Fared 5 Years Later

Warren Buffett's stock picks from Q4 2019 have gone on wildly different rides. Some have skyrocketed, while other's are now out of the portfolio altogether.

MarketBeat

Travelers warned about hidden danger in their luggage as millions fly for the holidays

Data from the Federal Aviation Administration has shown that fires caused by lithium-ion batteries now happens nearly twice a week on U.S. flights

The Independent UK

Today is one of the busiest travel days of the year. More than 6,100 flights are delayed

A record number of travelers are expected to take to the skies this holiday season

The Independent UK

Southwest Airlines' lawsuit could be a ‘new playbook’ for DEI litigation moving forward

“This lawsuit signals a new and more aggressive approach."

Fortune

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Benzinga

A Glimpse Into The Expert Outlook On Southwest Airlines Through 10 Analysts

10 analysts have shared their evaluations of Southwest Airlines (NYSE:LUV) during the recent three months, expressing a mix of bullish and bearish perspectives.

Benzinga

Southwest Airlines Lifts Q4 Guidance, Launches $750 Million Stock Buyback

Southwest Airlines (LUV) to launch $750 million stock buyback program by Q1 2025. Revises Q4 guidance, expects RASM up 5.5-7.0% and lower capacity.

The Independent UK

Southwest Airlines says it is ending cabin service earlier due to injury risk

Beginning on Dec. 4, a Southwest spokesperson said, flight attendants will begin preparing the cabin for landing at an altitude of 18,000 feet instead of 10,000 feet

The Independent UK

US budget airlines are struggling. Will pursuing premium passengers solve their problems?

Delta and United Airlines have become the most profitable U.S. airlines by targeting premium customers while also winning a significant share of budget travelers

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Evening Standard

Southwest flight drama as phone battery sets fire to plane seat causing evacuation

The passenger whose phone ignited the blaze had to be treated for burns on their hand

The Independent UK

Emergency evacuation on Southwest plane after phone catches fire and seat goes up in flames

Some passengers had to use the emergency exit slides during the evacuation

The Independent UK

Spirit Airlines filed for bankruptcy. What does that mean for travelers?

The largest budget airline in the U.S., has filed for Chapter 11 bankruptcy protection

The Independent UK

Bullet hits Southwest Airlines plane just before planned takeoff at Dallas airport

The bullet struck near the cockpit

International Business Times

A Lack Of New Aircraft From Boeing Is Bad News For Southwest Employees

The buyout offers mainly target ground operations staff, including customer service agents, baggage handlers and cargo workers.

Top News

Southwest Airlines Offers Buyouts To Avoid Overstaffing

Southwest Airlines addresses overstaffing due to Boeing plane shortage by offering buyouts. Elliott Investment Management acquires stake, influencing compa...

Barchart

Southwest Airlines Stock: Is Wall Street Bullish or Bearish?

Southwest Airlines has underperformed the broader market and its peers on a YTD basis, and Wall Street analysts are cautious about the stock’s prospects.

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