All Southwest Airlines articles – Page 2
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News
Second investment group calls for changes at Southwest
Another US investment firm with a stake in Southwest Airlines is calling for wholesale changes to the carrier’s leadership team and strategic direction.
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News
Southwest pushes back against criticism of leadership
Southwest Airlines disagrees with the grim prognosis recently offered by Elliott Investment Management, a firm that now holds a roughly 11% stake in the Dallas-based carrier.
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Airline Business
Southwest latest to face strategic questions as hedge fund hits out
Southwest Airlines has stated its confidence in the business’s strategy and leadership team after a hedge fund called both into question in a highly critical letter, as it became the latest US carrier to have its performance and planning thrust into the spotlight.
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’Unwillingness to evolve’ hindering Southwest’s performance: Elliott
Elliott Investment Management is calling for major leadership and strategic changes at Southwest Airlines to guide it into a more-profitable future.
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News
Southwest 737 turns back to Denver after apparent cowl-door loss on departure
One of Southwest Airlines’ Boeing 737-800s has returned to Denver, its departure airport, after one engine suffered an apparent cowl-door detachment. The aircraft had been operating the WN3695 service to Houston on 7 March. It had taken off from Denver’s runway 25. But air-ground communications indicate that the crew sought ...
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News
Southwest 737 diverts after misaligned approach to LaGuardia
Clarity has yet to emerge as to why a Southwest Airlines Boeing 737-800 was not aligned with the runway during final approach to New York LaGuardia, following a service from Nashville.
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Airline Business
Airlines candid on Boeing concerns
Good weeks have been few and far between at Boeing for some time, but the past few days have proven particularly challenging as the airframer works to move beyond its various issues.
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News
Alaska rebounds after taking $150m hit from 737 Max 9 grounding
US carrier Alaska Airlines estimates the grounding of its Boeing 737 Max 9s following the 5 January door plug blow-out on flight 1282 resulted in lost profits of at least $150 million.
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News
‘Boeing needs to become a better company’: Southwest CEO
Boeing’s 737 Max delivery delays have drawn sharp criticism from Southwest Airlines’ chief executive Bob Jordan, who described on 12 March the carrier’s highly constrained 2024 growth plan.
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Airline Business
Costs still in sharp focus for USA’s short-haul carriers
The recent suggestion from Wizz Air chief executive Jozsef Varadi that short-haul air travel “is a cost game, not a revenue game” has pertinence beyond that airline’s markets.
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News
Weather-related difficulties plague Southwest’s holiday operations again
A year after overseeing an operational meltdown that disrupted end-of-year travel for millions of Americans, Southwest Airlines once again struggled with weather-related difficulties during the busy winter holiday travel period.
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News
Southwest pilots to vote on tentative contract
Some 11,000 pilots represented by the Southwest Airlines Pilots Association (SWAPA) are set to vote on a tentative agreement for a new five-year contract that would run through 2028.
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News
Southwest and pilots’ union agree in principle on new contract
After more than three years of often acrimonious negotiations, Southwest Airlines has an agreement in principle for a new contract with its pilots’ union.
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Southwest hit with $140m penalty for end of 2022 network meltdown
The US Department of Transportation on 18 December issued a $140 million penalty in response to Southwest Airlines’ system-wide operational meltdown that cancelled 16,900 flights and left 2 million passengers stranded during the height of air travel in December 2022.
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News
Southwest third-quarter profit falls 30% to $193m as expenses rise
Southwest Airlines reported a 30% decline in profit as increasing costs outweighed strong leisure demand and additional ancillary and loyalty programme revenue during the summer travel season.
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News
Southwest orders 108 Boeing 737s and takes more order options
Southwest Airlines has restructured its order book with US airframer Boeing, planning to receive up to 216 more 737 Max between 2023 and 2031.
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News
Spirit reduces Q3 revenue forecast due to fuel cost bump
Ultra-low-cost carrier Spirit Airlines has become the latest US airline to lower its third-quarter revenue forecast based on higher-than-expected fuel costs.
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News
US carriers adjust Q3 expectations due to surging fuel costs and extreme weather
US airlines are adjusting their third-quarter financial expectations in response to higher-than-anticipated fuel costs and extreme weather events that have disrupted operations throughout North America.
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News
Southwest to add crew base at Nashville International next year
Southwest Airlines plans to add a crew base at Nashville International airport in the second quarter of 2024 that will start with 150-250 pilots and eventually house 500-600 pilots.
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News
US airlines modify schedules, evacuate people from Hawaii’s Maui as brush fires rage
US airlines have modified their operations and begun evacuating residents and tourists from a Hawaiian island as brush fires there have killed at least three dozen.