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

The carrier rose on a model of open seating and cheap domestic flights — a business plan that's less competitive now.

A new decade-long lease agreement is expected to go into effect Oct. 1. Southwest is trying to stop that from happening.

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

Southwest Airlines executives have unveiled their vision for turning the carrier into an airline gives passengers assigned ...

Southwest Airlines Thursday authorized $2.5 billion for stock buybacks to defeat a bid from activist shareholder hedge fund ...

Southwest will add seat selection and premium seats to its planes in 2026. This makes Southwest A-List and A-List Preferred ...

Southwest Airlines on Thursday unveiled a slew of measures to turn around its struggling business, including partnerships, ...

It's the end of Southwest Airlines' open seating era. Customers will be able to get assigned seats and and pay for extra ...

The budget travel pioneer is doing away with some hallmarks of the no-frills model that made it an industry icon, as it fends ...

Southwest Airlines raised its third-quarter revenue forecast on Thursday and detailed a host of changes to its business model ...