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Southwest Airlines Stock Soars After C.E.O. Lays Out Overhaul

The move, including service enhancements and share buybacks, came after the hedge fund Elliott Management called for cost savings and better profits.

The Washington Post on MSN · 3h

Southwest Airlines to launch assigned seating, premium cabin in 2025

A shift away from open seating is expected to begin in the second half of next year, Southwest said. DALLAS — Southwest Airlines on Thursday unveiled the first details of its plans to begin assigning seats, update its boarding process and add new “premium” extra-legroom seats on its planes.

UPI News on MSN · 5h

Southwest Airlines authorizes $2.5 billion stock buyback, announces changes for customers

Southwest Airlines Thursday authorized $2.5 billion for stock buybacks to defeat a bid from activist shareholder hedge fund Elliot Management. Southwest shares rose roughly 10% on news of the action.

Atlanta, Southwest

Inc · 5h

Southwest Says Changes Are Coming, Cuts Atlanta Flights

As its current leadership fights off an activist investor that want to overturn management, the airline braces for a transformation.

NBC News on MSN · 1d

Southwest Airlines to cut service and staffing in Atlanta to slash costs

Southwest Airlines is planning to reduce service to and from Atlanta next year, cutting more than 300 pilot and flight attendant positions, according to a company memo seen by CNBC.

USA TODAY on MSN · 12h

Southwest to cut service, staffing at Atlanta's Hartsfield-Jackson International Airport

Southwest will not eliminate its Hartsfield-Jackson International Airport crew base, but said it will need less staff there to operate the set cuts.

Southwest, Elliott Management

Post and Courier · 2h

Southwest Air spells out changes to lift profits and fend off an activist investor

Southwest Airlines executives on Sept. 26 unveiled their vision for Southwest 2.0, an carrier that for the first time will give passengers assigned seats, charge them extra for

Reuters on MSN · 2h

Southwest's turnaround strategy lifts shares, activist investor Elliott shrugs

Southwest Airlines on Thursday unveiled several initiatives to shore up sagging profits, including partnerships, vacation packages for customers and aircraft sale-leasebacks, but activist investor Elliott Management shrugged off the plan.

The Spokesman-Review · 3h

Southwest Airlines details plans to fight off activist investor Elliott Management

Southwest Airlines is launching a new plan to return the carrier to profitability and has added a new director to its board, amid an ongoing battle with activist investor Elliott Investment Management.

4hon MSN

Southwest will never be the same again

Southwest has caved to pressure to change its long-standing low-cost playbook in favor of an airline that largely resembles ...

Southwest authorizes $2.5B stock buyback, announces changes for customers

Southwest Airlines Thursday authorized $2.5 billion for stock buybacks to defeat a bid from activist shareholder hedge fund ...

2hon MSN

Activist hedge fund Elliott slams Southwest CEO Bob Jordan as shares soar 7%

Activist hedge fund Elliott Investment Management on Thursday blamed Southwest CEO Bob Jordan for the airline’s sagging ...

4hon MSN

Extra legroom, assigned seats, overnight flights: Inside Southwest Airlines' plan for its future

Extra legroom, assigned seats, overnight flights: Inside Southwest Airlines' plan for its future ...

Southwest Airlines spells out changes designed to boost profit and fend off a hedge fund

Southwest Airlines executives have unveiled their vision for turning the carrier into an airline gives passengers assigned ...

Are bags still free on Southwest? Here's the latest checked-luggage policy

On Southwest Airlines' Investor Day it revealed changes its flying experience. Here's whether you can still check two bags ...

Southwest's new premium seats come with a catch for everyone else

Southwest Airlines Boeing 737s will get new premium seating with extra legroom, but regular seats on 450 planes will lose an ...

Southwest Airlines Co. stock underperforms Thursday when compared to competitors despite daily gains

Southwest Airlines Co. closed $5.25 short of its 52-week high ($35.18), which the company reached on February 22nd.

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