Southwest Airlines makes a harsh cost-cutting move
In the midst of the airline’s financial woes, the company just revealed that it will be making some major changes in an effort to cut costs. According to a new report from CNBC, Southwest Airlines is putting a freeze on corporate hiring and promotions.
Southwest Airlines stock was falling on Thursday after the carrier’s fourth-quarter revenue and forward guidance both came in ...
The airline also forecast better-than-expected unit revenue (RASM), a proxy for pricing power, for the first quarter.
Southwest's results echo sentiments laid out by Delta Air Lines, which reported quarterly results earlier in the month. Delta said demand accelerated throughout the fourth quarter, with a handful of ...
Southwest Airlines added 31 new flights for the Super Bowl in New Orleans with most tickets costing more than $500, while ...
Figure skaters and coaches returning from the national championships were aboard the American Airlines flight that collided ...
A Southwest Airlines pilot suspected of being drunk was removed from the cockpit and arrested just before takeoff Wednesday ...
New flights have been added for Kansas City and Philly fans, with one airline adding flights on a route it doesn't normally ...
DALLAS (AP) — DALLAS (AP) — Southwest Airlines Co. (LUV) on Thursday reported fourth-quarter profit of $261 million. On a per-share basis, the Dallas-based company said it had net income of 42 cents.
The lawsuit filed in Texas says the carrier's failure to remove an underperforming fund option, which holds over $2 billion in assets, has cost plan members millions.
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