Southwest Airlines Co
Airline CEOs warn domestic travel demand is slowing
A Delta Airlines and American Airlines plane are seen at Ronald Reagan Washington National Airport in Arlington, Virginia, on July 1, 2023. Stefani Reynolds | AFP | Getty Images Airlines are cutting their first-quarter profit and sales estimates, warning that a weaker economic backdrop is weighing on travel demand. Ahead of a JPMorgan industry conference, […]
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Southwest Airlines will charge to check bags for the first time, launch basic economy tickets
Baggage handlers load luggage onto a Southwest Airlines Boeing 737 at Austin-Bergstrom International Airport on August 24, 2024 in Austin, Texas. Kevin Carter | Getty Images News | Getty Images It’s happening: Southwest Airlines will start charging passengers to check bags for the first time. It’s a stunning reversal that shows the low-cost pioneer is […]
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Goodyear Tire’s transformation plan is underway — in the sky and on the ground
A Goodyear blimp flies Goodyear AKRON, Ohio — Does the Goodyear blimp sell tires? That was one question veteran auto executive Mark Stewart had when he started as CEO of Goodyear Tire & Rubber Co. a little more than a year ago, seeking to lead a transformation plan for the quintessential American company. For a […]
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Southwest Airlines closing 2 more crew bases in cost-cutting push
A Southwest Airlines aircraft at a gate at Austin-Bergstrom International Airport in Austin, Texas, Feb. 16, 2023. Jordan Vonderhaar | Bloomberg | Getty Images Southwest Airlines is closing two more crew basis amid its cost-cutting push that has also led to its first mass layoffs in its more than 50 years of flying. The airline […]
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Aviation industry pushes Congress for air traffic improvements, more hiring
File photo shows the air traffic control tower at Chicago’s Midway International Airport. M. Spencer Green | AP Aviation industry members on Tuesday again urged lawmakers for newer air traffic control technology and more hiring of air traffic controllers as airlines continue to complain about longtime shortfalls, while air travel demand has boomed. Their testimony […]
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Stocks making the biggest moves premarket: Tesla, Southwest Airlines, Coinbase, Capri and more
Check out the companies making headlines in premarket trading. Tesla — The electric vehicle stock jumped nearly 3% after Morgan Stanley’s Adam Jonas named embattled Tesla a new top pick in U.S. autos, with expectations of a roughly 50% bounce in store. Southwest Airlines — Shares slid 2% after JPMorgan downgraded the airline carrier to […]
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U.S. transport chief seeks to boost air traffic control hiring
The air traffic control tower at Ronald Reagan Washington National Airport in Arlington, Virginia. Saul Loeb | AFP | Getty Images U.S. Transportation Secretary Sean Duffy said on Thursday the Trump administration will take steps to boost air traffic controller hiring after a series of recent safety incidents again raised questions about a persistent staffing shortage. The Federal Aviation Administration will open its hiring window to […]
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Trump is ‘not happy’ with Boeing over Air Force One delays, but airlines are growing upbeat
Boeing 737s on the ground in Renton, Washington. Leslie Josephs | CNBC President Donald Trump expressed frustration in recent days about the long wait for a pair of Boeing 747s that will serve as the new Air Force One planes. The planes are years behind schedule. Trump negotiated the $4 billion contract for the aircraft […]
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JetBlue talking to ‘multiple airlines’ about a new partnership
A JetBlue plane takes off from Los Angeles International Airport (LAX) on Jan. 03, 2025 in Los Angeles, California. Mario Tama | Getty Images JetBlue Airways is talking with “multiple airlines” about a potential new partnership after federal judges struck down two previous deals, the carrier’s president said Wednesday. “If we find a deal that’s accretive, we’ll absolutely do it,” JetBlue’s president, Marty St. George, […]
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Stocks making the biggest moves premarket: Southwest, Medtronic, Snowflake, Bath & Body Works & more
Check out the companies making headlines in premarket trading. Delta Air Lines — Shares retreated 0.8% after a Delta flight from Minnesota to Toronto crashed on landing on Monday afternoon. At least 18 people were reported injured, according to local officials. Southwest Airlines — The value-focused carrier popped 2.4% after Southwest said it would cut […]
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