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3 mins read
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
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
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
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
3 mins read
Indian stocks accumulated stellar returns this week; Sensex jumped 1,600 points
Indian stock indices closed Friday's trade on a steady note and closed this week on a flyer, defyin…
ANI
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
Market cap of BSE-listed companies touches USD 5 trillion, aided by ongoing rally in Indian stock markets
The market capitalisation of companies listed on BSE has touched a milestone of USD 5 trillion, hit…
ANI
2 mins read
As Indian stock indices hit their peaks, analysts worry about high valuations
Indian stock indices traded largely steady on Thursday morning after their all-time highs reached i…
ANI
2 mins read
Billionaire investor Carl Icahn reveals an almost 5% stake in Southwest Gas - and blasts the utility's $2 billion deal to buy Questar Pipeline
The Icahn Enterprises chief urged Southwest's bosses to fix several problems at the company instead…
Theron Mohamed
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
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
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
4 mins read
I wanted to rent forever. But buying a home didn't just improve my life — it boosted my career and savings.
Renting allowed author Jules Rogers to invest, move for career opportunities, and not be tied down.…
Jules Rogers
2 mins read
Sensex hits all time high, defence stocks in focus
Indian stock indices traded positively on Wednesday morning, tracking firm cues from overseas peers…
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
5 mins read
My partner and our 2 kids went on a 14-day road trip in an RV. Here are 10 things that surprised us most.
I spent two weeks driving across the US with my partner and two teenagers. From the financial reali…
Karen M. Alley
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
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, …