Southwest Airlines News

The Points Guy • Benét J. Wilson

Southwest Airlines Ends 50-Year Open Seating Policy Amid Financial Pressures

Facing investor demands to improve financial performance, Southwest Airlines has decided to end its long-standing open-seating policy, a hallmark of its brand identity for five decades.

6 Sources

2024-07-26T10:37:42.765775-07:00

Bloomberg

Southwest Airlines Shifts to Assigned Seats, Ends Decades-Old Policy

105 Sources

2024-07-25T03:29:01.270513-07:00

Reuters

American Airlines Cuts Annual Profit Forecast Due to Fare Pressure

26 Sources

2024-07-25T04:38:32.760956-07:00

30 day sentiment avg. Negative

Southwest Airlines News Timeline

The Points Guy

Southwest Airlines Ends 50-Year Open Seating Policy Amid Financial Pressures Facing investor demands to improve financial performance, Southwest Airlines has decided to end its long-standing open-seating policy, a hallmark of its brand identity for five decades.

2024-07-26T10:37:42.765775-07:00

Southwest Airlines Ends 50-Year Open Seating Policy Amid Financial Pressures

Reuters

+25

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American Airlines Cuts Annual Profit Forecast Due to Fare Pressure American Airlines reduced its annual profit outlook amid discounted ticket prices to boost summer travel demand and overcapacity issues, causing an 8% drop in premarket shares. Analysts are concerned about the impact of aggressive discounting and a shift away from high-margin corporate travel.

2024-07-25T04:38:32.760956-07:00

American Airlines Cuts Annual Profit Forecast Due to Fare Pressure

CNBC

Southwest Airlines' Profits Plummet 46% Amid Urgent Revenue Boost Efforts Southwest Airlines is facing significant financial pressure with a 46% drop in profits, prompting urgent measures to improve revenue and satisfy an activist investor. This move aims to realign the airline's market position amidst fierce competition.

2024-07-25T03:49:43.283215-07:00

Southwest Airlines' Profits Plummet 46% Amid Urgent Revenue Boost Efforts

Bloomberg

+104

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Southwest Airlines Shifts to Assigned Seats, Ends Decades-Old Policy Southwest Airlines Co. will commence assigned seating, moving away from its traditional open seating policy. This change is aimed at boosting profitability by offering some premium seating options.

2024-07-25T03:29:01.270513-07:00

Southwest Airlines Shifts to Assigned Seats, Ends Decades-Old Policy

The Points Guy

Southwest Airlines Launches First-Ever Red-Eye Flights in 2024 Starting February 2024, Southwest Airlines will introduce five overnight flights, marking its entry into the red-eye market. Additional red-eye routes will be added later in the year.

2024-07-25T03:18:18.046676-07:00

Southwest Airlines Launches First-Ever Red-Eye Flights in 2024

scrippsnews.com

Southwest Airlines Addresses Exploding Soda Cans Due to Summer Heat Southwest Airlines reports incidents of soda cans exploding mid-flight, attributing the cause to extreme summer heat, which has led to injuries among flight attendants.

2024-07-24T17:59:34.386750-07:00

Southwest Airlines Addresses Exploding Soda Cans Due to Summer Heat

biv.com

Southwest Exits Bellingham Airport, Impacting BC Travelers Southwest Airlines will cease operations at Bellingham International Airport, where it handles 40% of traffic, effective August 4. This change will significantly affect travelers from British Columbia who utilize the airport for their flights.

2024-07-23T12:10:40.761277-07:00

Southwest Exits Bellingham Airport, Impacting BC Travelers

Wall Street Journal

+29

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FAA Launches Audit into Southwest Airlines After Safety Incidents The FAA has initiated an audit of Southwest Airlines following a series of close calls and other safety-related events. This marks the second such audit for a major U.S. carrier this year due to heightened safety concerns.

2024-07-23T10:25:11.346119-07:00

FAA Launches Audit into Southwest Airlines After Safety Incidents

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Dive into our Southwest Airlines news feed for a detailed look at the operational strategies, customer engagement initiatives, and financial health of one of the most iconic low-cost carriers. Our coverage tracks Southwest's efforts to maintain its competitive edge in the ever-changing landscape of the airline industry.