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Southwest Airlines pauses corporate hiring, most summer internships to cut costs
CNBC· 2025-01-14 12:29
A Southwest Airlines Boeing 737 passenger plane taxis along the tarmac at the Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia on December 13, 2024."We'll continue to evaluate hiring needs on an ongoing basis to determine when it makes sense for the business to resume hiring," she said in an email.He said the company will delay other activities "when it makes sense.""Every single dollar matters as we continue to fight to return to excellent financial performance," Jordan said in the no ...
SOUTHWEST ANNOUNCES LEADERSHIP CHANGES
Prnewswire· 2025-01-09 17:20
Leadership and Contributions - Tammy Romo has been with Southwest Airlines since 1991, holding various leadership roles including Head of Investor Relations, Controller, Treasurer, and Senior Vice President Planning She became Executive Vice President & Chief Financial Officer in 2012, overseeing finance activities, Supply Chain Management, Corporate Strategy, Fuel Strategy & Management, Fleet Strategy & Management, and Environmental Sustainability [2] - Linda Rutherford joined Southwest in 1992 as a Public Relations Coordinator and has focused on Communications, serving as Chief Communications Officer for seven years before becoming Chief Administration Officer She currently oversees Culture & Communications, Internal Audit, People, Talent & Leadership, Total Rewards, Technology, and Southwest University [5] Achievements and Recognition - Tammy Romo has been recognized by WomenInc as a Most Influential Corporate Director in 2023, named D CEO Magazine's Outstanding CFO for a Public Company in 2022 and 2014, and Dallas Business Journal's 2014 CFO of the Year She is also a Lifetime member of the McCombs School Advisory Council and an Emeritus member of the Accounting Advisory Council [3] - Linda Rutherford has received the 2023 PRWeek Women of Distinction, the 2023 Missouri Honor Medal, and the 2022 Institute of Public Relations Lifetime Achievement Award She is also inducted into the halls of fame for PR News Measurement, PR News Public Relations, and the Texas Tech University College of Media & Communications [6] Company Overview - Southwest Airlines operates one of the world's most admired and awarded airlines, offering value and Hospitality at 117 airports across 11 countries The airline carries more air travelers flying nonstop within the United States than any other airline, with over 73,000 full-time equivalent employees and 137 million customers carried in 2023 [7][8]
Southwest Airlines and Babcock & Brown Aircraft Management ("BBAM") Announce the Sale and Leaseback of 36 Aircraft
Prnewswire· 2025-01-07 12:30
DALLAS, Jan. 7, 2025 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) and BBAM today announced the sale and leaseback of 36 Boeing 737-800 aircraft. The aircraft will be owned and leased to Southwest Airlines by Incline Aviation III, the third in BBAM's flagship aviation investment fund series.   Steve Zissis, President and CEO of BBAM, said: "We are excited to partner with Southwest Airlines, one of the world's most admired and awarded airlines, on this landmark sale-leaseback transaction. The transactio ...
SOUTHWEST AIRLINES AND BABCOCK & BROWN AIRCRAFT MANAGEMENT ("BBAM") ANNOUNCE THE SALE AND LEASEBACK OF 36 AIRCRAFT
Prnewswire· 2025-01-07 11:45
DALLAS, Jan. 7, 2025 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) and BBAM today announced the sale and leaseback of 36 Boeing 737-800 aircraft. The aircraft will be owned and leased to Southwest Airlines by Incline Aviation III, the third in BBAM's flagship aviation investment fund series. Steve Zissis, President and CEO of BBAM, said: "We are excited to partner with Southwest Airlines, one of the world's most admired and awarded airlines, on this landmark sale-leaseback transaction. The transaction ...
Here's Why Investors Should Bet on Southwest Airlines Stock Now
ZACKS· 2025-01-06 19:26
Southwest Airlines Co. (LUV) is benefiting from its revenue management actions. As part of its growth strategy, LUV is focused on its cost-cutting initiatives and fleet-modernization techniques. Due to these tailwinds, LUV shares have performed impressively on the bourse. If you have not taken advantage of its share price appreciation yet, it’s time to do so.Let’s delve deeper.LUV’s Northward Earnings Estimate Revision: The Zacks Consensus Estimate for 2025 earnings has been revised upward by 10.3% in the p ...
4 Airline Stocks That Appear Promising Bets for 2025
ZACKS· 2024-12-18 15:55
Driven by the strong recovery of air travel demand from pandemic lows, stocks in the Zacks Airline industry have performed well in 2024. Demand was not only strong for leisure travel but also for business-related air travel. Declining fuel costs aided airlines. This is because fuel expenses represent a key input cost for airlines.Driven by the tailwinds, the Zacks Airline industry has gained in double digits this year despite challenges like high labor costs and lingering supply-chain issues. The positives ...
Rosen Law Firm Announces Investigation of Breaches of Fiduciary Duties by the Directors and Officers of Southwest Airlines Co. - LUV
Prnewswire· 2024-12-17 21:52
NEW YORK, Dec. 17, 2024 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces it is investigating potential breaches of fiduciary duties by the directors and officers of Southwest Airlines Co. (NYSE: LUV) in connection with Southwest Airlines' information technology infrastructure impacting the Company's business, operations, and stock price.If you currently own shares of Southwest Airlines stock, please visit the firm's website at https://rosenlegal.com/submit-form/?case_id=10716 for ...
Southwest Airlines Co. Announcement: Southwest Airlines Co. Investors Are Encouraged to Contact The Rosen Law Firm About Ongoing Investigation of Breaches of Fiduciary Duties by the Directors and Officers – LUV
GlobeNewswire News Room· 2024-12-12 23:22
NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, announces it is investigating potential breaches of fiduciary duties by the directors and officers of Southwest Airlines Co. (NYSE: LUV) in connection with Southwest Airlines’ information technology infrastructure impacting Southwest Airlines’ business, operations, and stock price. If you currently own shares of Southwest Airlines stock, please visit the firm’s website at https://rosenlegal.com/submit-form/?case_i ...
5 Transportation Stocks Ready to Accelerate Into 2025
ZACKS· 2024-12-12 17:41
The Zacks Transportation sector, being widely diversified in nature, includes airlines, railroads, package delivery companies and truckers, to name a few.Most sector participants have mostly performed well this year owing to multiple tailwinds. Given the positives, investors interested in the sector are advised to bet on transportation stocks like Wabtec Corporation (WAB) ), United Airlines Holdings, Inc. (UAL) ), Southwest Airlines (LUV) ), SkyWest, Inc. (SKYW) and ZIM Integrated Shipping Services Ltd. (ZI ...
LUV Investors Have Opportunity to Join Southwest Airlines Co. Securities Fraud Investigation with the Schall Law Firm
Prnewswire· 2024-12-11 15:15
LOS ANGELES, Dec. 11, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Southwest Airlines Co. ("Southwest Airlines" or "the Company") (NYSE: LUV) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.If you are a shareholder who suffered a loss, click here to particip ...