Welcome to our dedicated page for Southwest Airls Co news (Ticker: LUV), a resource for investors and traders seeking the latest updates and insights on Southwest Airls Co stock.
Southwest Airlines Co (NYSE: LUV), the pioneering low-cost carrier renowned for its efficient operations and employee-first culture, maintains this dedicated news hub for investors and industry observers. Access timely updates on corporate developments, financial performance, and strategic initiatives directly from official sources.
This resource consolidates essential announcements including quarterly earnings reports, fleet expansion plans, service route updates, and leadership changes. Monitor Southwest's unique approach to maintaining cost leadership while delivering award-winning customer service in the competitive airline sector.
With updates spanning operational milestones to regulatory filings, this page serves as a critical tool for understanding Southwest's market position. The streamlined presentation ensures quick access to both recent developments and historical context without promotional bias.
Bookmark this page to stay informed about Southwest's continued innovations in point-to-point travel and workforce management strategies. Check regularly for new filings that may impact investment decisions or industry analysis.
Southwest Airlines (NYSE: LUV) announced the retirement of two key executives effective April 1, 2025. Executive Vice President & Chief Financial Officer Tammy Romo and Chief Administration Officer Linda Rutherford will step down from their positions after serving over three decades each.
Romo, who joined in 1991, has overseen finance activities, Supply Chain Management, Corporate Strategy, Fuel Strategy & Management, Fleet Strategy & Management, and Environmental Sustainability since becoming CFO in 2012. Rutherford, who joined in 1992, currently oversees Culture & Communications, Internal Audit, People, Talent & Leadership, Total Rewards, Technology, and Southwest University.
Southwest will begin a search for Romo's replacement. The airline currently operates at 117 airports across 11 countries, employs over 73,000 people, and served more than 137 million customers in 2023.
Southwest Airlines (NYSE: LUV) has announced a sale and leaseback agreement with BBAM for 36 Boeing 737-800 aircraft. The aircraft will be owned and leased back to Southwest through Incline Aviation III, BBAM's third aviation investment fund.
The transaction is part of Southwest's 'Southwest. Even Better.' transformation plan announced in September at Investor Day. The deal aims to monetize surplus value from the existing fleet to generate significant cash, which will be used to drive fleet modernization and offset capital expenditures in support of the airline's capital allocation strategy.
Southwest Airlines (NYSE: LUV) has announced a significant sale and leaseback agreement with BBAM for 36 Boeing 737-800 aircraft. The aircraft will be owned and leased back to Southwest through BBAM's Incline Aviation III investment fund.
This strategic transaction is part of Southwest's 'Southwest. Even Better.' transformation plan unveiled in September. According to Tammy Romo, Southwest's EVP and CFO, the deal aims to monetize surplus value from their existing Boeing 737 fleet, generating substantial cash to support fleet modernization and offset capital expenditures in line with their capital allocation strategy.
The partnership involves BBAM, a major aircraft lessor managing over 500 aircraft and serving more than 100 airline customers across 50+ countries. Southwest Airlines, which carried over 137 million customers in 2023, operates at 117 airports across 11 countries with more than 73,000 employees.
Southwest Airlines (NYSE: LUV) has appointed Aileen Furlong as its new Vice President Sales, effective January 6, 2025. Furlong will lead the Southwest Business function, which serves corporate customers and travel management companies. She joins Southwest after a 23-year career at United Airlines, where she most recently served as Managing Director, Global Corporate Sales.
The appointment aligns with Southwest's strategy to unite its revenue production disciplines - Revenue Management, Pricing, and Southwest Business - under a single leadership structure. Furlong brings extensive experience in sales, loyalty programs, marketing, and customer experience. She has been recognized as one of the 'Top 50 Women in Travel' by GBTA twice and holds an MBA from Northwestern's Kellogg School of Management.
Southwest Airlines (NYSE: LUV) announces its participation in the Goldman Sachs Industrials and Materials Conference on December 5, 2024. Bob Jordan, President, CEO, and Vice Chairman of the Board of Directors, will deliver an audio presentation at 9:20am ET.
The presentation will be accessible through a live webcast on the Southwest Airlines Investor Relations website. Interested parties can access the webcast and subsequent replay through www.southwestairlinesinvestorrelations.com or by navigating to the Investor Relations section under 'About Southwest' on the company's main website.
Southwest Airlines (NYSE: LUV) has announced its 183rd quarterly dividend. The company's Board of Directors has declared a quarterly cash dividend of $0.18 per share. The dividend will be paid to shareholders of record as of December 26, 2024, with the payment scheduled for January 16, 2025.
Southwest Airlines (NYSE: LUV) announces that its Rapid Rewards Premier and Priority Credit Cards, issued by Chase, have been ranked #1 and #2 respectively in Customer Satisfaction among Co-Branded Airline Credit Cards in the J.D. Power 2024 U.S. Credit Card Customer Satisfaction Study. The Premier Card led in Account Management, Benefits, Terms, and Rewards Redeeming, while the Priority Card topped Rewards Earning. The study, conducted between June 2023-2024, surveyed 38,852 credit card customers. The cards offer benefits including unlimited Rapid Rewards points, double points on select purchases, and points counting toward Companion Pass qualification.
Southwest Airlines (NYSE: LUV) has announced significant changes to its Board leadership. Rakesh Gangwal has been appointed as independent Chair of the Board of Directors, along with new Committee Chairs appointments. The new chairs include Lisa Atherton (Compensation), Douglas Brooks (Audit), David Hess (Safety and Operations), Chris Reynolds (Nominating and Corporate Governance), and Gregg Saretsky (Finance). The new Board's primary focus will be working with CEO Bob Jordan to improve the airline's financial performance.
Southwest Airlines marks 17 years of its Medical Transportation Grant Program, which provides free round-trip air travel to patients and caregivers seeking medical care. In 2024, the airline donated 13,000 tickets, supporting 79 organizations across 26 states and 40 cities. The program has contributed over $56.6 million in air transportation since its inception.
The initiative aims to reduce financial barriers for patients requiring specialized medical care away from home. According to Laura Nieto, Managing Director Corporate Responsibility, the program recognizes travel as a important component of critical care needs and leverages Southwest's position to connect patients with life-saving medical facilities nationwide.
Southwest Airlines (NYSE: LUV) has extended its flight schedule through August 4, 2025, introducing new summer travel options. The airline is adding 13 new redeye flights, bringing the total to 33 overnight services from Hawaii and West Coast to various destinations. Starting June 5, 2025, new overnight routes will connect multiple cities including Honolulu, Lihue, and several West Coast locations to eastern destinations. The airline is also launching its first international service from Colorado Springs to Cancun starting June 14, 2025, and expanding several seasonal routes to daily service, connecting major cities like Austin, Baltimore, Dallas, and Denver to popular summer destinations.
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