Southwest Airlines Co. logo

Southwest Airlines Co. (LUV)

Market Open
2 Sep, 17:00
NYSE NYSE
$
38. 68
+1
+2.6539%
$
18.85B Market Cap
35.81 P/E Ratio
0.72% Div Yield
1.67M Volume
1.42 Eps
$ 37.68
Previous Close
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Day Range
38.2 39.05
Year Range
29.26 55.11
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Southwest Airlines will charge to check bags for the first time, launch basic economy tickets

Southwest Airlines will charge to check bags for the first time, launch basic economy tickets

CNBC's Phil LeBeau joins 'Squawk Box' with the latest news.

Youtube | 1 year ago
Southwest Airlines will charge to check bags for the first time

Southwest Airlines will charge to check bags for the first time

Southwest Airlines said Tuesday it will charge for checked bags for the first time in its more than half-century of flying. The carrier is under increasing pressure from Elliott Investment Management, which has called for drastic changes to the company's business model.

Cnbc | 1 year ago
Southwest makes huge hub change amid massive layoffs

Southwest makes huge hub change amid massive layoffs

The airline is closing bases in two major cities. Transcript: Loren Torres: On the heels of its first mass-layoff in company history, Southwest Airlines has announced another cost-cutting measure.

Youtube | 1 year ago
Southwest Airlines closing 2 more crew bases in cost-cutting push

Southwest Airlines closing 2 more crew bases in cost-cutting push

Southwest plans to close crew bases in Fort Lauderdale, Florida, and Austin, Texas. The company has been slashing unprofitable flights, reducing crews in some cities.

Cnbc | 1 year ago
Southwest Airlines Stock Catches a Downgrade. This One Thing 'Can't Be Ignored.

Southwest Airlines Stock Catches a Downgrade. This One Thing 'Can't Be Ignored.

Southwest is undergoing an ambitious turnaround plan under the watchful eye of activist investor Elliott Management.

Barrons | 1 year ago
Southwest Airlines employees fear it's becoming just any other airline: Big job cuts eat away at its culture, they say.

Southwest Airlines employees fear it's becoming just any other airline: Big job cuts eat away at its culture, they say.

Southwest Airlines has been known for its affordable flights and fun personality since 1971. The airline laid off 15% of its headquarters staff in February, the first mass layoff in company history.

Businessinsider | 1 year ago
US FAA opens probe into close call involving Southwest jet at Chicago Midway

US FAA opens probe into close call involving Southwest jet at Chicago Midway

A Southwest Airlines jet was forced to abort a landing at Chicago Midway on Tuesday after a business jet entered the runway without authorization, the Federal Aviation Administration said.

Reuters | 1 year ago
Southwest's layoffs dent its worker-first culture

Southwest's layoffs dent its worker-first culture

Southwest Airlines' first company-wide layoffs in its nearly 54-year history are aimed at shoring up profits, but they run the risk of undermining a company culture of putting employees first that made it stand out from rivals and cultivated a loyal fan base.

Reuters | 1 year ago
Southwest to lay off 15% of corporate staff amid rising Wall Street pressure to slash costs

Southwest to lay off 15% of corporate staff amid rising Wall Street pressure to slash costs

In total, 1,750 jobs will be affected, including 11 senior leadership positions, as the carrier strives to build a "leaner and more agile organization" under its transformational plan.

Nypost | 1 year ago
Southwest agrees activist investor Elliott can own up to 19.9% stake until 2026

Southwest agrees activist investor Elliott can own up to 19.9% stake until 2026

Southwest is in the midst of a transformation that led it to announce Tuesday the first-ever involuntary layoffs.

Marketwatch | 1 year ago
Southwest Airlines Could Fly High On Demand Growth, But Needs To Improve Margins

Southwest Airlines Could Fly High On Demand Growth, But Needs To Improve Margins

Southwest Airlines gets its prior hold rating from 2023 reaffirmed. Key positive factors are expected air travel growth in 2025, new global airline partnerships, an investment-grade credit rating, and low debt. Its gross and net income margins could use improvement compared to peers, as well as its dividend growth trend.

Seekingalpha | 1 year ago
Southwest layoffs: LUV stock price rises as airline slashes corporate workforce in ‘transformational plan'

Southwest layoffs: LUV stock price rises as airline slashes corporate workforce in ‘transformational plan'

Southwest Airlines has announced that it will lay off 15% of its employees in an effort to reduce costs and maximize its efficiencies. Here's what you need to know about Southwest's layoffs and how employees and fliers will be impacted.

Fastcompany | 1 year ago
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