Fare shake. Most travelers who arrive late to their destinations and with their luggage missing will not be mollified by free ...

Southwest Airlines shared details of its coming operational changes but pledged to keep a major perk as it prepares to confront a challenge for company control.

Southwest Airlines is set to significantly scale back its operations in Atlanta, cutting around one-third of its flights and closing seven gates.

Southwest Airlines (LUV) is shaking things up to turn its fortunes around, announcing that its new assigned-seating flights ...

Under assault from activist hedge fund Elliott Capital Management, the carrier's executives told a shareholder meeting that ...

Southwest Airlines has unveiled its plan that gives passengers assigned seats, charges extra for more legroom and offers red-eye flights — but bags still fly free.

Elliott Investment Management LP, the Florida-based hedge fund that has accumulated a 11% stake in Southwest Airlines and ...

The moves away from Southwest’s simple business model and quirky traditions come as airline management faces pressure from ...

The changes come two days after Elliott threatened to call a special meeting as it tries to push CEO Bob Jordan out.

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

On top of vacation bundles and partnerships with international carriers, Southwest says assigned seats will go on sale in ...

The company says its business plan will rake in an additional $4 billion in earnings before interest and taxes by 2027.