Southwest revealed how its going to change its signature open-seating policy to let passengers pick their own seats. In July, ...

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

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

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

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

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

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

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

Bigger bins and premium-priced seating with added legroom are just some of the changes the carrier is betting will win over ...

The airline filed a lawsuit Thursday in U.S. District Court against the city and San Antonio International Airport Director ...

More than 300 pilots and flight attendants will lose their jobs, and Southwest Airlines is ending its open seating policy as ...

Southwest executives rolled out changes to the carrier’s business model and made a case for the current leadership team to ...