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3 mins read

Why a hedge fund made a podcast about a shake-up it's pushing for at Southwest Airlines

Elliott Investment Management built up an 11% stake in Southwest — then started a podcast. It's a g…

Shubhangi Goel   


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Southwest will never be the same again

Southwest has caved to pressure to change its long-standing low-cost playbook in favor of an airlin…

Taylor Rains   


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4 mins read

JetBlue founder and low-cost airline veteran explains how struggling airlines need to adapt to survive right now

Low-cost guru David Neeleman, who has founded five budget carriers since 1984, told BI some airline…

Taylor Rains   


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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   


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Problems keep piling up for budget airlines like Spirit Airlines — so get set to pay more

Spirit Airlines is reportedly considering filing for Chapter 11 bankruptcy as budget carriers seek …

Pete Syme   


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Airlines are making a miraculous recovery by doubling down on premium seats

American, Delta, and United Airlines are doubling down on high-margin premium cabins and expanding …

Taylor Rains,Benjamin Zhang   


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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   


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2 major airline CEOs have issued a clear message to Boeing in the past week: Do better

Southwest CEO Bob Jordan said it's been years since Boeing plane deliveries went as expected, and t…

Kelsey Vlamis,Aditi Bharade   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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Matthew Fox   


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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   


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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   


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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