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

Customers will begin noticing planes reconfigured with extra-legroom seats as soon as the first quarter of next year. But the ...

Southwest Airlines plans to eliminate service between Cleveland and Atlanta, part of a wider reduction at the world’s busiest ...

Southwest Airlines executives on Thursday unveiled their vision for Southwest 2.0, an airline that for the first time will give passengers assigned<a class="excerpt-read-more" href=" More ...

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 ...

Representatives with Elliott Investment Management, the Florida-based hedge fund that has accumulated a 11% stake in ...

Southwest Airlines on Thursday unveiled several initiatives to shore up sagging profits, including partnerships, vacation ...

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

Southwest officials on Thursday unveiled a detailed "Southwest. Even Better." plan that outlines "transformational" changes ...

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