Southwest Airlines, Burbank and Las Vegas
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Two attendants were hurt on Friday during an emergency maneuver on a Southwest flight departing Hollywood Burbank Airport.
Earlier this year, Southwest Airlines announced several major policy changes in an attempt to boost the airline's slumping profits. This was highlighted by the decision to begin charging for checked bags,
Wall Street investors punished Southwest for chopping its 2025 profit outlook by up to 65%, as the carrier’s executives implement changes driven by its activist investor.
Southwest Airlines' CEO told investors in a July 24 earnings call that the airline could eventually open its own lounges.
Dallas-based Southwest Airlines’ fare strategy overhaul ran into trouble when the carrier launched its new “basic” economy tickets in May, forcing changes.
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Big Names Fall Off the Cliff. Southwest Airlines Co. (NYSE:LUV) is one of the worst-performing stocks on Thursday. Southwest Airlines snapped a four-day winning streak on Thursday, slashing 11.16 percent to close at $33.
The passenger jet was responding to an alert of another aircraft in the vicinity, federal authorities said. A Cold War-era military plane was nearby at the time.