Southwest Airlines Co. warned that costs will climb faster than expected as it grapples with heavy labor expenses, ...

Despite pressure to cut costs and an activist investor campaign, Southwest reported a healthy profit for the fourth quarter.

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A ramp agent directs a Southwest Airlines Boeing 737-800 airplane in to a gate at Baltimore-Washington Airport. Photo: Getty ...

Southwest Airlines Co.’s top finance executive ... overhaul in the wake of an activist campaign by shareholder Elliott Investment Management. Chief Financial Officer Tammy Romo, 62, will retire ...

Southwest Airlines CEO Bob Jordan said on Wednesday he has no intention of stepping down despite pressure from activist Elliott Investment Management. Elliott Investment Management on Monday told ...

The move comes after a dispute with the activist firm Elliott Investment Management. Southwest Airlines is pausing corporate hiring to cut costs, a company spokesperson confirmed to Business Insider.

The lawsuit filed in Texas says the carrier's failure to remove an underperforming fund option, which holds over $2 billion in assets, has cost plan members millions.

CEO Bob Jordan said, "Every single dollar matters as we continue to fight to return to excellent financial performance." ...

Southwest Airlines Co (LUV) stock saw a modest uptick, ending the day at $32.58 which represents a slight increase of $0.41 or 1.27% from the prior close of $32.17. The stock opened at $32.07 and ...

Southwest was a scrappy upstart for much of its history. It operated out of less-crowded secondary airports where it could turn around arriving planes and take off quickly with a new set of passengers ...