You Searched For "southwest airline stock" and got 20 results
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5 mins read
Southwest ditching its unassigned seat policy shows how budget airlines' business models are getting upended
Low-budget airlines are rethinking their business models as they face an uphill battle for not foll…
Dan DeFrancesco
2 mins read
An activist investor with a new $1.9 billion stake in Southwest is calling for big changes at the airline
Southwest touts itself as the "LUV" airline, with free checked bags and no change fees. An activist…
Taylor Rains
2 mins read
Southwest is ditching its unassigned seat policy for the first time
The change to one of Southwest's best-known policies comes as it faces falling profits and pressure…
Nora Redmond
4 mins read
Southwest is under pressure to make big changes to its planes, flights, and bag rules: Here's what they could all look like
Changes could touch Southwest's longtime, fan-favorite perk: free checked bags. Charging for them w…
Taylor Rains
2 mins read
Bank of America upgrades airline stocks on stock-market momentum, but warns the industry is still vulnerable with valuations above pre-pandemic levels
Bank of America analyst Andrew G. Didora has a buy rating for JetBlue, Alaska Airlines, and Southwe…
Emily Graffeo
1 min read
Airline stocks climb on economic recovery optimism as Senate approves landmark stimulus package
Airlines were among the hardest hit when large swaths of the global economy shut down at the start …
Isabelle Lee
5 mins read
Meet the heavy metal-drumming CEO bringing back cheap transatlantic travel, and learning from the mistakes of his airline's failed predecessors
Birgir Jónsson is the CEO of Icelandic budget airline Play. He told BI how Iceland's geography lend…
Pete Syme
2 mins read
Southwest is giving 25,000 frequent flier points worth $300 to passengers impacted by the airline's holiday travel meltdown
"I know that no amount of apologies can undo your experience," Southwest Airlines CEO Bob Jordan wr…
Jordan Hart
1 min read
Airline stocks drop after Trump ends stimulus talks
Airlines were expected to be large beneficiaries of the next stimulus package. On Friday Pelosi tol…
Emily Graffeo
2 mins read
Southwest's ex-CEO turned the airline into a 'cult' that couldn't recover from its 'meltdowns', says pilots' union official
Captain Tom Nekouei said in a scathing open letter that Gary Kelly prioritized shareholder returns …
Ryan Hogg
2 mins read
Southwest will soar 47% as domestic focus and strong balance sheet outshine rivals, Goldman says
The bank's analysts pushed their forecast for a full airline-industry recovery to 2023 from 2022, c…
Ben Winck
1 min read
Southwest Airlines falls 5% after it cancels thousands of flights over the holiday weekend, with more cancellations spilling over into the rest of this week
Southwest had a 62% cancellation rate, compared to the low single digits for other major airlines, …
Matthew Fox
2 mins read
Airlines could hike charges on overweight baggage because passengers are getting heavier, according to an industry expert
Industry analyst Henry Harteveldt said airlines may reduce weight limits for checked bags or hike c…
Anna Cooban
1 min read
Delta and other airline stocks climb as the carrier reports huge demand for flights as fuel costs surge
Fading Omicron cases prompted strong demand from spring break and business travelers, said Delta.
Carla Mozée
3 mins read
Airline stocks plunge on warnings of the 'worst year in the history of aviation,' as one of Europe's biggest carriers announces 22,000 layoffs
Lufthansa announced it would cut 22,000 jobs as it struggles to deal with COVID-19 and it expects 1…
Saloni Sardana
1 min read
The New York state pension fund overseer has asked Southwest Airlines to explain how it plans to prevent future operational catastrophes, like the one over the holiday season
Southwest canceled more than 16,700 flights between December 21 and 31 amid the busy holiday travel…
Huileng Tan
3 mins read
Domestic airlines are getting crushed because everyone wants to escape to Europe
Domestic airfare is sitting below 2019 levels as international demand soars. It's good news for US …
Hannah Towey,Taylor Rains
2 mins read
GE stock tanks 5% after aviation unit announces it will cut 13,000 jobs this year as coronavirus halts air travel
The announcement to lay 25% of its workforce off comes days after the maker of aircraft engines rep…
Saloni Sardana
2 mins read
The boss of Ryanair, the airline famed for its shockingly cheap flights, is set to get a $109 million bonus next year — one of the biggest in European history
Michael O'Leary is set to get one of the biggest bonuses in European history, as the budget carrier…
Pete Syme
1 min read
Southwest is turning down $2.8 billion in CARES Act aid to avoid the federal government's 'onerous' conditions
Even as bookings stay low, Southwest said it can raise enough cash to endure the crisis — and avoid…