Southwest to get rid of open seating, offer extra legroom in biggest shift in its history
Publishing timestamp: 2024-07-26 07:43:04
Summary
Southwest Airlines plans to end open seating and offer extra legroom seats on its planes in the biggest shift in its history. The changes are aimed at increasing revenue and attracting more corporate business travelers. Southwest is not looking to change its two free checked bags policy. Activist investor Elliott Investment Management has called for new leadership at Southwest, but the airline is moving forward with its plans regardless. Southwest expects the new seating options to generate over $1 billion annually.
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Keywords: southwest airlines co, aerospace and defense industry, business, breaking news: business, gary c. kelly, business news, united airlines holdings inc, life, travel, markets, american airlines group inc, airlines, boeing co, delta air lines inc, investment strategy, transportation,
Source: https://www.cnbc.com/2024/07/25/southwest-airlines-seat-assignments.html