Southwest Airlines' stock surged Thursday after the air carrier raised its revenue outlook and indicated it would resume stock repurchases for the first time in more than four years.
The airline's first flights with assigned seats are scheduled to take off in 2026, among a series of radical changes Southwest is making to its model.
CNBC's Phil LeBeau joins 'Squawk Box' with the latest news.

Southwest raises summer revenue forecast

07:17am, Thursday, 26'th Sep 2024
Southwest Airlines raised its third-quarter revenue forecast on Thursday and detailed a host of changes to its business model. The carrier also said it would add Robert Fornaro, who previously led Spi
DALLAS , Sept. 26, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") has appointed Robert "Bob" Fornaro as a member of the Board, effective immediately.
Reimagines core product to meet evolving Customer preferences and increase revenue opportunities Launches new commercial initiatives to enhance Customer Experience and drive value while preserving fle
Southwest Airlines will lay out a strategy on Thursday to turn around its business and restore profit margins to pre-pandemic levels as the U.S. carrier faces pressure from an activist investor to sha
Southwest Airlines (LUV) is set to hold its annual investor day Thursday, and sent a memo to employees notifying them of at least one planned change that could be announced during the event: a reducti
Southwest Airlines is cutting unprofitable routes and reducing its presence in Atlanta. The airline faces pressure from an activist investor to boost revenue and cut costs.
Thursday's investor day comes as Southwest struggles to return to profitability and faces heated investor activism.
Southwest Airlines Co (NYSE: LUV) is in focus this morning after announcing plans of shrinking its service to and from Atlanta. The move will enable the air carrier to lower costs as it cuts as many a
Carrier adds flights to serve Nashville's travelers, including inaugural intra-Tennessee service Redeye offerings continue to grow DALLAS , Sept. 25, 2024 /PRNewswire/ --  Southwest Airlines Co.  (N
Southwest Airlines is planning to reduce service to and from Atlanta next year. The carrier will cut more than 300 pilot and flight attendant positions, according to a memo seen by CNBC.
Southwest Airlines , the pioneering low-cost carrier, is facing a campaign by an activist investor to overhaul a business model it says is outdated, putting pressure on CEO Robert Jordan and leaving t
DALLAS , Sept. 24, 2024 /PRNewswire/ -- – Southwest Airlines Co. (NYSE: LUV) (the "Company") today issued a response to Elliott Investment Management L.P.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE