Southwest has appointed Doug Brooks as the airline’s new independent chair of the board, effective August 1, 2025.This appointment follows Rakesh Gangwal's decision to step down from his role as chair...
Southwest Airlines said that newly implemented checked bag fees are projected to generate more than $350 million in earnings before interest and tax (EBIT) during 2025.The Texas-based airline said it ...
Southwest Airlines and China Airlines are in discussions to create an interline partnership in early 2026, with connections expected to go on sale later this year.Leadership from both airlines met thi...
Southwest Airlines becomes the latest US carrier to pull its full year financial forecast, as the airline cited current macroeconomic uncertainty, as US President Donald Trump's tariff war continues t...
Fitch Ratings downgraded Southwest Airlines to a “negative” rating outlook from its previous stable rating on April 3, 2025.The credit rating agency stated that Southwest may shift to a “less conserva...
A Southwest Airlines flight was forced to abort its landing at Chicago’s Midway Airport on February 25, 2025, after a business jet entered the runway without authorisation, the Federal Aviation Admini...
Southwest Airlines is cutting 15% of its corporate positions, as the airline looks to streamline operations while minimising costs.The workforce reduction of approximately 1,750 employee roles is focu...
Elliott Investment Management - which manages funds that together have an investment representing an 11% economic interest in Southwest Airlines – has called for a special meeting of shareholders. Ell...
Southwest Airlines director and IndiGo cofounder Rakesh Gangwal purchased approximately 3.6 million shares in Southwest, the airline revealed in a stock filing on October 2, 2024. The total shares are...
Southwest Airlines put on show its recovery plan at its investor day on September 26, 2024. The plan “reimagines core product” to supply the evolving customer demand. The airline highlighted its new ...
Activist investor Elliott Investment Management, which holds an 11% stake in Southwest Airlines, intends to call a special meeting at the Dallas airline in "the coming weeks" - possibly "as soon as ne...
Southwest Airlines has shaken up its board, promising "significant ongoing refreshment", after meeting activist investor Elliott Investment Management. Executive chairman Gary Kelly will voluntarily r...
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