We recently published 10 Big Names With Explosive Gains.  Southwest Airlines Co. (NYSE:LUV) was one of the top performers on Thursday. Southwest Airlines soared to a new four-year high on Thursday, jumping 18.70 percent to close at $48.50 apiece, as investors welcomed the end of an open-seating era following the company’s official adoption of assigned seating. At intra-day trading, the stock jumped to as high as $49.12 before paring gains to finish the session just up by 18.70 percent. Southwest Photo ...

Core Insights - The company has successfully implemented a range of initiatives over the past 12 months, including assigned seating and extra legroom options [1] - A significant cost reduction plan of $500 million has been introduced, alongside new bag fees and basic economy fare options [1] - The execution of these initiatives has been completed within 11 months, indicating effective management and operational efficiency [1] Initiative Overview - Introduction of assigned seating and extra legroom as part of customer service enhancements [1] - Launch of a $500 million cost takeout plan aimed at improving financial performance [1] - Implementation of new bag fees and basic economy fare products to diversify revenue streams [1] Customer Experience Enhancements - Changes made to maximize the earning and burning of Rapid Rewards tickets, improving customer loyalty programs [1] - Adjustments to flight credit expiration policies to enhance customer satisfaction [1]

Core Insights - The company has successfully implemented a range of initiatives over the past year, including assigned seating and extra legroom options [1] - A significant cost reduction plan of $500 million has been introduced [1] - New bag fees and a basic economy fare structure were launched in March, along with enhancements to the Rapid Rewards program [1] - The execution of these initiatives has been completed within 11 months, indicating effective management and operational efficiency [1]