Southwest Airlines to release new changes, investor plan Thursday …

Sep 26, 2024 · Southwest Airlines said Thursday that it plans to end the open-boarding system it has used for more than 50 years and start flights with passengers sitting in assigned seats during the first half ...

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Southwest Airlines Rockets On Hiked Guidance, Buyback Plan

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Sep 26, 2024 · Southwest Airlines rallied Thursday after the company lifted its revenue guidance and approved a $2.5 billion buyback plan. Airline stocks soared following the announcement.

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Southwest Airlines Authorizes $2.5 Billion Stock Buyback ... - UPI

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Sep 26, 2024 · As Southwest Airlines held its Investor Day Thursday, CEO Bob Jordan said a $2.5 billion stock buyback and a new three-year financial plan heralds a new era of …

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Southwest Stock Surges 10% As Airline Presents Turnaround Plan

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Sep 26, 2024 · Southwest Airlines pitched a new vision at the company’s investor day on Thursday morning as part of a bid to placate the activist hedge fund Elliott Management, which …

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An Updated Outlook And A Stock Buyback Plan Send Southwest …

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Sep 26, 2024 · Southwest Airlines shares jumped Thursday as the airline announced a new $2.5 billion stock buyback plan and updated projections for revenue and fuel costs for the third quarter.

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FAQs about Southwest Airlines to release new changes, investor plan Thursday … Coupon?

What's new on Southwest Airlines?

The plan expands on a series of changes by Southwest in recent months, including plans to add premium seats, introduce red-eye flights and replace its pick-your-own seating system with assigned seats, starting in 2026. ...

What time is Investor Day on Southwest Airlines?

Investor Day Webcast Details Southwest Airlines' Investor Day begins at 10:30 a.m. Eastern Daylight Time, 9:30 a.m. Central Daylight Time, and will be webcast live through a link available on the Investor Relations page at Southwest.com. 1 First and second checked bags. ...

What changes will Southwest Airlines make in 2025?

On Wednesday, Southwest told its workers Atlanta service will be cut in 2025 with more than 300 flight attendants and pilots from the city facing layoffs. What customers can expect Changes for customers include assigned seating rather than open seating and premium seating with extra legroom and an updated boarding process. ...

Will Southwest Airlines make bookings in 2025?

Southwest expects to make bookings available in 2025. Gary Kelly, Executive Chairman of the Board, said, "The Board fully supports these efforts to usher in a new era for Southwest Airlines, and we have the ultimate confidence in Bob and our Leadership Team to design and deliver an experience that is unique and true to our Southwest Legacy." ...

Why did Southwest Airlines change its seats?

Southwest Airlines on Thursday announced sweeping changes, including plans to end open seating and offer seats with extra legroom on its airplanes as it faces pressure from an activist investor to improve financial results. ...

Why did southwest announce a $2.5 billion repurchase?

The airline said Thursday part of its plan to improve profitability is to further improve its turn-around time when planes are on the ground. One thing Southwest did announce for investors Thursday was a plan to spend $2.5 billion on a repurchase of its shares. ...