Southwest Airlines News

Hedging Key For Airlines Hurt By Fuel Costs

May 29, 2009

US airlines, burned twice last year by oil price volatility, are under new pressure to hedge now as oil prices rise from their January lows.
Read story

Southwest, WestJet Delay Code-Share

May 25, 2009

A planned code-share partnership between low-cost carriers WestJet Airlines and Southwest Airlines will be delayed because of a sharp slowdown in air travel, WestJet said in a surprise announcement on Monday.
Read story

Southwest Airlines Expects Q2 Revenue Softness

May 21, 2009

The large drop in Southwest Airlines' fuel bill in the second quarter has been offset by an "almost dollar-for-dollar" decline in revenue, the airline's chief executive told investors on Wednesday.
Read story

US Airlines See Less Traffic, Fuller Planes

May 7, 2009

US airlines saw a steep decline in the number of passengers they carried in April, but planes were more full, a sign that steep capacity cuts may be serving their intended purpose.
Read story

Southwest, Reservation Agents Reach New Contract

May 6, 2009

The union representing 5,300 reservation and customer service agents at Southwest Airlines has reached a new contract agreement with the company, the union said on Tuesday.
Read story

US Airlines Running A Little Low On Cash

May 4, 2009

US airlines, struggling to spur demand amid economic recession, face a potential liquidity crisis if revenues keep falling while credit markets remain tight.
Read story

Southwest Airlines CEO Cuts His Base Pay

April 19, 2009

The chief executive of Southwest Airlines voluntarily cut his 2009 base salary by 10 percent citing the company's first-quarter results, the low-cost carrier said in a proxy statement on Friday.
Read story

Southwest Loss Bigger Than Expected, Shares Drop

April 16, 2009

Southwest Airlines posted a larger-than-expected quarterly loss on Thursday as businesses cut travel, sending its shares tumbling 10 percent, and the low-cost carrier said it would offer employee buyouts in a bid to reduce costs.
Read story

US Airlines May Cancel More Aircraft Orders

April 13, 2009

US airlines, which have already downsized, may be forced to defer or cancel more aircraft orders if the prolonged recession further erodes travel demand and continues to choke credit markets.
Read story

Southwest Airlines, Union Ratify Contract

March 28, 2009

A union representing more than 7,000 ramp, operations, provisioning and freight agent employees at Southwest Airlines voted to ratify a three-year contract reached in February, Southwest said on Friday.
Read story