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The Latest Breaking News from Southwest

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.

Benzinga

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

The Independent UK

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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

Evening Standard

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

The Independent UK

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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.

International Business Times

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...

Top News

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.

Barchart

Southwest Airlines Faces Lawsuit From Pilot Union After Federal Court Ruling

In the Monday ruling, the US Court of Appeals for the Fifth Circuit overturned a previous decision by a lower court that had dismissed Southwest Airlines Pilots Association's case.

International Business Times

Here's how Southwest plunged from beloved airline icon to activist investor target

Southwest was a customer darling. But 'active inertia' hobbled the stock and precipitated a leadership crisis.

Fortune

Elliott, Southwest Airlines Close To Reaching Settlement To Avert Board Battle: Report

The parties are currently negotiating terms that would provide Elliott with a number of board seats, though less than the majority, to ensure that control remains with the airline, according to a report.

International Business Times

Southwest Airlines Faces Shareholder Pressure For Board Changes

Southwest Airlines faces shareholder pressure for board changes and strategic overhaul amid financial challenges and safety concerns.

Top News

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Barchart

Southwest Airlines' Q3 2024 Earnings: What to Expect

Southwest Airlines is all set to release its third-quarter earnings this month, and analysts expect a massive profit dip.

The Independent UK

Hurricane Milton has caused thousands of flight cancellations. What to do if one of them was yours

Thousands of flights in and out of the U.S. have been canceled this week as Hurricane Milton barreled into the Gulf of Mexico and plowed across Florida

The Independent UK

Close call at Nashville airport came after planes were directed to same runway, probe shows

Investigators say that air traffic controllers cleared one plane to take off after telling pilots of another plane to cross the same runway in Nashville last month

Fortune

What's in Dia's wallet: Southwest Airlines spreads the luv with a new partner: Icelandair

Welcome news for Southwest Airlines fans: you’ll soon be able to use Rapid Rewards points to get to Europe on Icelandair.

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Fortune

Can Southwest CEO Bob Jordan keep activists at bay?

Earlier this month, chairman Gary Kelly told shareholders he would retire next year amid pressure from hedge fund Elliott Management.

Fortune

Southwest stock surges 10% as airline presents turnaround plan

The changes come two days after Elliott threatened to call a special meeting as it tries to push CEO Bob Jordan out.

Top News

Southwest Airlines Cancels 200 Flights Due To Hurricane Helene

Southwest Airlines faces disruptions due to Hurricane Helene, canceling over 200 flights in Florida.

Top News

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...

International Business Times

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.

The Independent UK

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

Top News

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...

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