INSIDER
Southwest settles proxy fight with hedge fund as Q3 profit shrinks. American loses money
Read full article: Southwest settles proxy fight with hedge fund as Q3 profit shrinks. American loses moneySouthwest Airlines will replace several members of its board with candidates pushed by Elliott Investment Management to end a monthslong fight with the hedge fund.
Southwest Airlines says it will introduce assigned seats and premium perks in 2026
Read full article: Southwest Airlines says it will introduce assigned seats and premium perks in 2026Southwest Airlines executives have unveiled their vision for turning the carrier into an airline that gives passengers assigned seats, charges them extra for more legroom and offers red-eye flights but bags still fly free.
Southwest Airlines plans to start assigning seats, breaking with a 50-year tradition
Read full article: Southwest Airlines plans to start assigning seats, breaking with a 50-year traditionSouthwest Airlines plans to drop the open-boarding system it has used for more than 50 years and will start assigning passengers to seats, just like all the other big airlines.
Southwest Airlines CEO says he won't resign. A hedge fund is trying to get him fired
Read full article: Southwest Airlines CEO says he won't resign. A hedge fund is trying to get him firedThe CEO of Southwest Airlines says he is not resigning in the face of pressure from a hedge fund that wants him fired.
An investment firm has taken a $1.9 billion stake in Southwest Airlines and wants to oust the CEO
Read full article: An investment firm has taken a $1.9 billion stake in Southwest Airlines and wants to oust the CEOActivist shareholder Elliott Investment Management has taken a $1.9 billion stake in Southwest Airlines and wants to get rid of the CEO.
Soaring labor costs at Southwest Airlines overshadow record revenue as summer travel revs up
Read full article: Soaring labor costs at Southwest Airlines overshadow record revenue as summer travel revs upSouthwest Airlines is reporting a $683 million profit for the second quarter, and revenue is a quarterly record as planes are packed during the peak summer travel season.
Southwest CEO's compensation soars despite December debacle
Read full article: Southwest CEO's compensation soars despite December debacleThe CEO of Southwest Airlines is seeing his compensation nearly double after getting promoted to the top job, with the airline's directors looking past a meltdown over the Christmas holiday.
US investigating December flight cancellations at Southwest
Read full article: US investigating December flight cancellations at SouthwestThe federal government is investigating whether Southwest Airlines knowingly scheduling more flights than it could handle in December, when it ended up canceling nearly 17,000 flights.
Southwest starts on reputation repair after cancellations
Read full article: Southwest starts on reputation repair after cancellationsWith its flights running on a roughly normal schedule, Southwest Airlines is now turning its attention to repairing its damaged reputation after it canceled 15,000 flights around Christmas and left holiday travelers stranded.
At Southwest Airlines, a day of calm after a week of chaos
Read full article: At Southwest Airlines, a day of calm after a week of chaosSouthwest Airlines is returning to a relatively normal flight schedule as the focus shifts to making things right with what could be well more than a million passengers who missed family connections or flights home during the holidays, and many of whom are still missing luggage.
Third party to probe Oxford High's actions ahead of shooting
Read full article: Third party to probe Oxford High's actions ahead of shootingA Michigan school leader says a third party will investigate events at Oxford High School leading up to a school shooting that left four students dead and six other students and a teacher wounded.
Omicron unravels travel industry's plans for a comeback
Read full article: Omicron unravels travel industry's plans for a comebackTourism businesses that were just finding their footing after nearly two years of devastation wrought by the COVID-19 pandemic are being rattled again as countries throw up new barriers to travel in an effort to contain the omicron variant.