Group 1 - The Schall Law Firm is inviting shareholders who have incurred losses to participate in an inquiry regarding potential securities law violations by Southwest Airlines [1] - The inquiry is focused on whether Southwest Airlines misled investors about its operational performance and financial health [1] - The law firm is seeking to determine if there were any violations that could have impacted shareholder value [1]

DALLAS, Jan. 17, 2025 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today announced another milestone in its commitment to Safety and transformational journey with the successful completion of the IATA Operational Safety Audit (IOSA). IOSA is a flagship program of the International Air Transport Association."Along with our robust Safety Management System and Safety Culture we already have in place, successfully completing IOSA reinforces our commitment to Safety and makes us accountable to the high sta ...

Southwest Airlines Co. Is Being Investigated For Securities Fraud And Impacted Investors Are Urged To Contact The Schall Law Firm ...

Southwest Airlines (LUV) is lower in premarket trading, after Citi downgraded the stock to "sell" from "neutral," and cut its price target to $29.50 from $31.50. The analyst in coverage cited valuation concerns and weakening earnings quality, while citing the budget airline's deteriorating free cash flow and shrinking pre-tax margins as making Southwest less competitive to sector peers like Delta Air lines (DAL) and United Airlines (UAL).LUV, like most of Wall Street, has yet to get off the ground in 2025. ...

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Southwest Airlines is hitting pause on corporate hiring, promotions and summer internships to cut costs after months of pressure from an activist investor.The Dallas-based airline is also halting its “Southwest Rallies,” a team-building program dating back to 1985 with free food and entertainment where company leaders speak to staffers about Southwest’s vision moving forward. 3 CEO Bob Jordan told staffers that Southwest will be pressing pause on corporate hiring and summer internships in a note on Monday ...

Southwest Airlines is looking to trim costs by halting some hiring and most summer internships. "We are limiting discretionary costs, including holding on the Southwest Rallies for this year, as we focus on reducing costs," a Southwest spokesperson told FOX Business. "We’re also pausing most summer internship positions (honoring offers already made) and pausing all noncontract internal and external hiring. We’ll continue to evaluate hiring needs on an ongoing basis to determine when it makes sense for the b ...

Southwest Airlines is cutting costs.It's pausing corporate hiring, summer internships, and a popular team-building tradition.The move comes after a dispute with activist firm Elliott Investment Management.Southwest Airlines is pausing corporate hiring to cut costs, a company spokesperson confirmed to Business Insider.AD The airline is "pausing all noncontract internal and external hiring," the spokesperson said.It is also pausing summer internships. Southwest said it would honor all internship offers alrea ...

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 ...

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]