Tag: Southwest Airlines Co

Southwest CEO promises change in response to activist Elliott’s call for new leadership

Southwest Airlines CEO Bob Jordan is prepared to adapt to evolving customer trends, including premium seating options, amidst pressure from activist investor Elliott Management. Jordan emphasized the importance of meeting customer needs and hinted at potential changes to Southwest’s product offerings, such as reevaluating its traditional system of unassigned seating. The airline, founded in 1971, […]

Delta to launch premium economy service on NYC-LA flights

Delta Air Lines announced that it will introduce premium economy service to its transcontinental flights starting in September. This move is part of the airline’s strategy to attract customers willing to pay more for added comfort and amenities. Premium economy is positioned between first or business class and standard economy, offering travelers more space and […]

Top 25 Airlines in the World as Ranked by AirlineRatings.com

Qatar Airways has been named the “Airline of the Year” for 2024 by AirlineRatings.com, reclaiming the top spot after slipping to No. 2 in the previous year. The rankings are based on a combination of safety and government audits, along with 12 key criteria including product ratings, passenger reviews, safety standards, fleet age, and incident […]

Expectations for Boeing’s FAA safety plan due soon

Boeing CEO Dave Calhoun and other top company leaders are scheduled to meet with the Federal Aviation Administration on Thursday to present a quality improvement plan that aims to address better staff training and production practices at its factories. This meeting comes in response to a near-catastrophic incident where an airplane door panel on a […]

Boeing CFO discusses delivery and cash flow concerns following the Max crisis

Boeing faces cash burn and production challenges Boeing is expected to face significant cash burn this year, as deliveries of new planes are not projected to improve in the second quarter. Brian West, the company’s CFO, revealed that Boeing burned through nearly $4 billion in cash in the first quarter and expects a similar or […]

Frontier Airlines eliminates change fees as part of pricing overhaul

Frontier Airlines announced a major change in their pricing model, following in the footsteps of larger competitors as the Biden administration cracks down on “junk fees.” The budget airline will no longer charge customers a fee to change their flights, a move that aims to make the booking process more transparent and customer-friendly. Previously, Frontier […]

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