Extra legroom, assigned seats, overnight flights: Inside Southwest Airlines' plan for its future
Publishing timestamp: 2024-09-26 11:17:36
Summary
Southwest Airlines raised its third-quarter revenue forecast and announced changes to its business model, including extra legroom seats, assigned seating, international partnerships, and overnight flights. The airline also added Bob Fornaro to its board of directors. Southwest is facing pressure from activist investors and is trying to boost profits by implementing new initiatives.
Sentiment: MIXED
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Source: https://www.cnbc.com/2024/09/26/southwest-investor-day-proxy-battle-elliott.html