Southwest Airlines is set to significantly scale back its operations in Atlanta, cutting around one-third of its flights and closing seven gates.

Southwest Airlines (LUV) is shaking things up to turn its fortunes around, announcing that its new assigned-seating flights ...

Southwest Airlines’ workforce is unhappy after the carrier announced plans to significantly reduce its presence in Atlanta ...

Under assault from activist hedge fund Elliott Capital Management, the carrier's executives told a shareholder meeting that ...

Southwest Airlines has unveiled its plan that gives passengers assigned seats, charges extra for more legroom and offers red-eye flights — but bags still fly free.

Southwest Airlines is making big changes as it faces pressure from a hedge fund. Republicans Hit with Triple Whammy as ...

Southwest executives rolled out changes to the carrier’s business model and made a case for the current leadership team to ...

Elliott Investment Management LP, the Florida-based hedge fund that has accumulated a 11% stake in Southwest Airlines and ...

Representatives with Elliott Investment Management, the Florida-based hedge fund that has accumulated a 11% stake in ...

The moves away from Southwest’s simple business model and quirky traditions come as airline management faces pressure from ...

The changes come two days after Elliott threatened to call a special meeting as it tries to push CEO Bob Jordan out.

The move, including service enhancements and share buybacks, came after the hedge fund Elliott Management called for cost ...