Southwest Airlines CoNYSE: LUV

DALLAS , Nov. 4, 2024 /PRNewswire/ --  Southwest Airlines Co.  (NYSE: LUV) ("Southwest" or the "Company") today announced the appointment of Rakesh Gangwal as independent Chair of the Board of Directors and named new Board Committee Chairs, effective immediately: Lisa Atherton will serve as Chair of the Compensation Committee Douglas Brooks will serve as Chair of the Audit Committee David Hess will continue to serve as Chair of the Safety and Operations Committee Chris Reynolds will serve as Chair of the Nominating and Corporate Governance Committee Gregg Saretsky will serve as Chair of the Finance Committee Gangwal said, "We are embarking on the next era of change at Southwest as we build upon its many successes and storied past. Our critical priority as a newly constituted Board is to come together to work closely with Bob Jordan and the rest of the management team to return the carrier to superior financial performance.

Low-cost airlines are aiming for more affluent travelers, but this doesn't imply luxury features like gourmet food and spacious beds.

VANCOUVER, British Columbia, Oct. 31, 2024 (GLOBE NEWSWIRE) -- The latest BC Check-Up: Work report, released by the Chartered Professional Accountants of British Columbia (CPABC), shows that the unemployment rate in Southwest B.C. is 6.5 percent. This figure represents an increase of 0.4 percentage points compared to the previous year.

Southwest Airlines has expanded its late-night flight options and added more seasonal routes for summer travel. The airline has updated its schedule to run through August 4, 2025, allowing customers to start planning their summer vacations. This new schedule features extra redeye flights and more nonstop connections to popular destinations within the Southwest network.

Southwest Airlines' management anticipates that costs, excluding fuel, will rise by 11-13% in the fourth quarter of 2024 compared to the actual figures from the fourth quarter of 2023.

On Monday, a federal appeals court instructed Southwest Airlines to respond to a lawsuit from its pilots union. The union claims that the airline broke federal law by threatening and punishing pilots for their association with the union.

Southwest Airlines Co. (NYSE:LUV) will hold its Q3 2024 Results Conference Call on October 24, 2024, at 12:30 PM ET. The call will feature company leaders, including Julia Landrum, Bob Jordan, and Andrew Watterson, along with various participants from financial institutions and media. The call will be moderated by Gary and is being recorded for future reference.

Ken Squire, the founder and president of 13D Monitor, appears on CNBC's 'The Exchange' to share his views on Southwest, what he anticipates from the new board, and other topics.

While the revenue and earnings per share (EPS) for Southwest (LUV) provide insight into its performance for the quarter ending September 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.