The move came after the hedge fund Elliott Management, which has more than 10 percent of the airline’s shares, called for cost containment and better profits.
Category: Southwest Airlines Company
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Southwest Airlines Agrees to Board Changes After Pressure From Elliott
The airline has been under pressure from the hedge fund Elliott to replace its top management and make other changes to increase its profits.
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4 Big Airlines Face U.S. Inquiry Over Frequent Flier Programs
The Transportation Department ordered American, Delta, Southwest and United to share more information about their rewards practices to ensure they are fair to consumers and rivals.
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Passengers Loved Southwest Airlines’ Open Boarding. Now What?
On Thursday, the airline announced it would eliminate a boarding process that allowed passengers to choose their seats. Many Southwest fans were not happy — and expressed worry that more changes might be coming.
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Southwest Airlines Will End Its Longstanding Open-Seating Policy
The airline said it was scrapping its trademark, 50-year tradition of offering open seating, where passengers choose seats once they have boarded the plane.
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Southwest Plane Begins Descent Too Early Over Oklahoma City
Its low altitude had triggered an automated warning and startled some residents near Oklahoma City, where it eventually landed safely.
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U.S. Investigating ‘Dutch Roll’ That Damaged a Boeing 737 During Flight
The Southwest Airlines flight experienced a rare oscillation in May that caused “substantial” damage to its tail section and prompted investigations from federal agencies.
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Southwest Quits Four Airports in Cost-Cutting Drive
The airline expects fewer deliveries of Boeing planes than before, and cited “significant challenges” in achieving growth plans because of it.
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Pet Policies for Delta Air Lines, United Airlines, American Airlines and Other Domestic Carriers
American recently relaxed its rules for pets traveling inside the cabin with their owners. Here’s what the major U.S. airlines require to travel with a pet.
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Boeing Engine Cover on Southwest Plane Falls Off
The plane returned safely to Denver on Sunday after the crew reported that the cover came apart during takeoff and struck a wing flap. No injuries were reported.
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Airlines Hoping for More Boeing Jets Could Be Waiting Awhile
The Federal Aviation Administration’s decision to limit Boeing’s production of 737 Max planes could hurt airlines that are struggling to buy enough new aircraft.
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Southwest Airlines Reaches Deal With Pilots Union
The new contract would provide raises and better benefits, following similar deals at other big airlines.