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WEATHER ALERT

A rip current statement in effect for Coastal Broward and Coastal Miami Dade Regions

GARY C. KELLY


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Southwest pauses some hiring and summer internships as the airline looks to reduce costs

Read full article: Southwest pauses some hiring and summer internships as the airline looks to reduce costs

Southwest Airlines says it's not filling some jobs and summer internships this year as the company looks to lower costs.

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Southwest Airlines says it will introduce assigned seats and premium perks in 2026

Read full article: Southwest Airlines says it will introduce assigned seats and premium perks in 2026

Southwest Airlines executives have unveiled their vision for turning the carrier into an airline that gives passengers assigned seats, charges them extra for more legroom and offers red-eye flights but bags still fly free.

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Hedge fund Elliott Investment Management steps up pressure on Southwest Airlines' management

Read full article: Hedge fund Elliott Investment Management steps up pressure on Southwest Airlines' management

A hedge fund that's been urging Southwest Airlines to dump its CEO and chairman says it has acquired enough of the company's stock to call a special meeting of shareholders.

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Elliott seeks 10 of the 15 board seats at Southwest in bid to strengthen the airline's performance

Read full article: Elliott seeks 10 of the 15 board seats at Southwest in bid to strengthen the airline's performance

Hedge fund Elliott Management is escalating its fight against the management of Southwest Airlines.

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Southwest Air adopts 'poison pill' as activist investor Elliott takes significant stake in company

Read full article: Southwest Air adopts 'poison pill' as activist investor Elliott takes significant stake in company

Southwest Airlines has adopted a ‘poison pill’ following activist investor Elliott Investment Management taking a significant stake in the company.

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Southwest Airlines says a key measure of pricing power will be weaker than expected in 2Q

Read full article: Southwest Airlines says a key measure of pricing power will be weaker than expected in 2Q

Southwest Airlines says a key revenue ratio will be weaker than expected in the second quarter because of changes in how consumers book travel.

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Southwest Airlines CEO says he won't resign. A hedge fund is trying to get him fired

Read full article: Southwest Airlines CEO says he won't resign. A hedge fund is trying to get him fired

The CEO of Southwest Airlines says he is not resigning in the face of pressure from a hedge fund that wants him fired.

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An investment firm has taken a $1.9 billion stake in Southwest Airlines and wants to oust the CEO

Read full article: An investment firm has taken a $1.9 billion stake in Southwest Airlines and wants to oust the CEO

Activist shareholder Elliott Investment Management has taken a $1.9 billion stake in Southwest Airlines and wants to get rid of the CEO.

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Incoming CEO at Southwest Air faces numerous challenges

Read full article: Incoming CEO at Southwest Air faces numerous challenges

In a few weeks, Robert Jordan will become the chief executive of Southwest Airlines, replacing Gary Kelly, the longest-serving CEO among major U.S. carriers.

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American CEO Parker becomes latest airline chief to exit

Read full article: American CEO Parker becomes latest airline chief to exit

American Airlines CEO Doug Parker will retire next March and be replaced by the airline's current president, Robert Isom.

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Southwest: We won't put unvaccinated workers on unpaid leave

Read full article: Southwest: We won't put unvaccinated workers on unpaid leave

Southwest Airlines is backing away from a plan to put unvaccinated workers on unpaid leave.

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Unsupported ‘sickout’ claims take flight amid Southwest woes

Read full article: Unsupported ‘sickout’ claims take flight amid Southwest woes

When Southwest Airlines canceled more than 2,000 flights over the weekend, unsupported claims blaming vaccine mandates began taking off.

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Southwest limits canceled flights after 3 tumultuous days

Read full article: Southwest limits canceled flights after 3 tumultuous days

Southwest Airlines appears to be fixing problems that caused the cancellation of nearly 2,400 flights over the previous three days.

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Southwest's president retires suddenly; didn't get CEO job

Read full article: Southwest's president retires suddenly; didn't get CEO job

The president of Southwest is retiring three months after being passed over for the CEO's job.

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Southwest trims schedule in effort to solve flight problems

Read full article: Southwest trims schedule in effort to solve flight problems

Southwest Airlines is reducing the number of flights it will operate the rest of this year.

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COVID variant causes Southwest to lower hopes for 3Q profit

Read full article: COVID variant causes Southwest to lower hopes for 3Q profit

Southwest Airlines says it no longer expects to be profitable in its third quarter.

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Southwest, American post 2Q profits as air travel picks up

Read full article: Southwest, American post 2Q profits as air travel picks up

Travelers are returning to flying, and it's showing up in higher revenue for the airlines.

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Southwest Airlines plans to raise minimum pay to $15 an hour

Read full article: Southwest Airlines plans to raise minimum pay to $15 an hour

Southwest Airlines says it will raise minimum pay to $15 an hour for about 7,000 employees.

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Longtime Southwest Airlines CEO will step down next year

Read full article: Longtime Southwest Airlines CEO will step down next year

Change is coming in the leadership of Southwest Airlines.

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Boeing to pay $17 million to settle plane production issues

Read full article: Boeing to pay $17 million to settle plane production issues

Boeing is paying $17 million and promising to take steps to fix production problems with its popular 737 jets.

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Woman charged with assaulting Southwest flight attendant

Read full article: Woman charged with assaulting Southwest flight attendant

A Southwest Airlines flight attendant lost two teeth when she was attacked by a passenger this weekend, and the president of her union calls it part of a disturbing increase in unruly passengers.

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US aid lifts Southwest to Q1 profit, American loses $1.25B

Read full article: US aid lifts Southwest to Q1 profit, American loses $1.25B

The long pandemic nightmare for airlines seems to be easing.

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US airline bailout helps Southwest post $116 million profit

Read full article: US airline bailout helps Southwest post $116 million profit

With help from Washington, Southwest Airlines is the first major U.S. airline to report a profit since the pandemic started.

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From job cuts to online commerce, virus reshaped US economy

Read full article: From job cuts to online commerce, virus reshaped US economy

And many women, mostly mothers, felt compelled to quit the workforce to care for children being schooled online from home. AdAfter a year of ghostly airports, empty sports stadiums and constant Zoom meetings, growing signs suggest that the economy is strengthening. The economy still has 9.5 million fewer jobs than before the pandemic — more than were lost in the entire 2008-2009 Great Recession. AdAs more Americans have ordered dinners, groceries and household goods online, delivery drivers have emerged as the biggest source of job growth in the pandemic. ___ONLINE FOOD DELIVERY, RETAIL SAVE CONSUMERSThe pandemic emptied malls and restaurants and accelerated a trend toward online ordering and delivery.

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Airlines close books on rotten 2020 and so far, 2021 is grim

Read full article: Airlines close books on rotten 2020 and so far, 2021 is grim

An American Airlines Boeing 777 is framed by utility wires as it prepares to land at Miami International Airport, Wednesday, Jan. 27, 2021, in Miami. And now a halting rollout of vaccines threatens to further delay a recovery in travel and the travel industry. On Thursday as airlines reported results, a new coronavirus variant identified in South Africa was found in the United States for the first time, with two cases diagnosed in South Carolina. “Travel restrictions on international have resulted in a reduction in demand,” American Airlines CEO Doug Parker said. AdJETBLUE AIRWAYSJetBlue reported a loss of $381 million, after reporting a profit in the fourth quarter of 2019.

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Some businesses thrived, many lagged during pandemic in 2020

Read full article: Some businesses thrived, many lagged during pandemic in 2020

The coronavirus pandemic created winners and losers in the business world. What follows is a look at those businesses that benefitted from the pandemic and those that faltered. DELIVERY SERVICESAs people hunkered down at home because of the coronavirus, restaurant delivery companies that were merely convenient in 2019 became essential businesses in 2020. A sizable chunk of the millions of people forced to work from home by the coronavirus pandemic have been less inclined to wear business attire. Producers were already struggling before the pandemic struck, due to a weak global economy and a market flooded with cheap oil.

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Correction: Virus Outbreak-Business Travel story

Read full article: Correction: Virus Outbreak-Business Travel story

Brandon Contreras represents the worst fears of the lucrative business travel industry. Work travel represented 21% of the $8.9 trillion spent on global travel and tourism in 2019, according to the World Travel and Tourism Council. Right now, Delta’s business travel revenue is down 85%. ExxonMobil cut business travel in February — even before the pandemic’s full impact was felt in the U.S. — because of falling global demand for oil. But he thinks new kinds of business travel could also emerge.

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JetBlue is the latest airline to retreat from blocking seats

Read full article: JetBlue is the latest airline to retreat from blocking seats

The days of airlines blocking seats to make passengers feel safer about flying during the pandemic are coming closer to an end. A spokesman for the carrier said Thursday that JetBlue will reduce the number of seats it blocks after Dec. 1 to accommodate families traveling together over the holidays. Southwest Airlines said last week that it will stop limiting the number of seats it fills after Dec. 1. Some airlines promised to block middle seats to create more distance between passengers. Southwest CEO Gary Kelly made a similar reference to “scientific evidence” that cabins are safe, but he also cited a strong financial incentive to stop blocking middle seats.

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CEO says Southwest needs union pay cuts to avoid furloughs

Read full article: CEO says Southwest needs union pay cuts to avoid furloughs

DALLAS – Southwest Airlines will cut pay for nonunion workers in January and says union workers must also accept less pay or face furloughs next year as the pandemic continues to hammer the airline business. Southwest will negotiate similar cuts from union workers, who represent about 85% of the workforce. Southwest Airlines Co. had about 61,000 employees in June but at least 4,200 agreed to leave. All the carriers are lobbying Congress and the White House for another $25 billion in taxpayer money to pay workers for the next six months. Southwest flight attendants began contract negotiations in late 2018, long before the pandemic.

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Democratic proposal for more airline aid stalls in Congress

Read full article: Democratic proposal for more airline aid stalls in Congress

Travellers check in at a United Airlines kiosk with help from a United employee in the main terminal of Denver International Airport Thursday, Oct. 1, 2020, in Denver. Earlier in the day, House Speaker Nancy Pelosi urged airlines to delay 32,000 furloughs that began this week while Congress considered DeFazio's bill. American Airlines and United Airlines held back, however, saying they would wait for Congress to approve the money before recalling furloughed workers. Congress approved $25 billion in payroll aid six months ago in hopes that the travel industry might be stronger by fall. On top of that, American is furloughing 19,000 workers, United is cutting 13,000, and Alaska furloughed about 500.

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Virus pandemic reshaping air travel as carriers struggle

Read full article: Virus pandemic reshaping air travel as carriers struggle

Surveys indicate that instead of growing comfortable with air travel, more people are becoming skeptical about it. In the United States, airline bookings have stalled in the past month after slowly rising a reaction to a new surge of reported virus infections. Globally, air travel is down more than 85% from a year ago, according to industry figures. Air traffic at Europes more than 500 airports has tumbled, down 94% in June compared with the same month last year. In the United States, traffic picked up after collapsing by 95% in April but has stalled down 74% in July, 72% in August.

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Airlines, unions pin hopes for more payroll cash on politics

Read full article: Airlines, unions pin hopes for more payroll cash on politics

Unions are gaining support in Congress for another $32 billion in federal aid to protect airline workers from layoffs for another six months. In March, companies got $32 billion to help cover payroll costs for six months in exchange for not laying off workers. Thirteen airline unions have joined to lobby Congress for a six-month extension of the payroll provision. Major airlines support the extension, but they are keeping a low profile. American Airlines notified 25,000 workers, Delta Air Lines warned more than 2,500 pilots, and smaller airlines also sent out notices.

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American, Southwest add to US airline industry's 2Q losses

Read full article: American, Southwest add to US airline industry's 2Q losses

That pushed the combined loss of the nation's four biggest airlines to more than $10 billion in just three months. Between them, American and Southwest carried 15.4 million passengers from April through June. Earlier, Delta Air Lines reported a $5.7 billion loss that was worsened by writing down investments in global airline partners who have filed for bankruptcy protection, and United lost $1.6 billion. American, based in Fort Worth, Texas, reported a loss of $2.07 billion, compared with a year-ago profit of $662 million. Seattle-based Alaska Airlines said it lost $214 million compared with a $262 million profit a year earlier.

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