Month: September 2024
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You’re on Guard! Weekly Recap: Southwest Unveils a Timeline for Assigned Seats, and Announces a Partnership with… Icelandair?
The Main Squawk: Southwest to rollout premium seating alongside assigned seating in 2026 Last week, Southwest held its long-awaited “Investor Day” in Dallas, announcing major changes in how the Airline will conduct its business. The Company has been under scrutiny from activist investor Elliott since the spring, prompting the Airline to make leadership changes and…
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You’re on Guard! Weekly Recap: Southwest Braces for Major Network Changes, DOT OK’s Alaska-Hawaiian Merger
The Main Squawk: Southwest COO hints at major network changes ahead of the Company’s “Investor Day,” apologizes in advance Southwest COO Andrew Watterson says the Company will have to make some “difficult decisions” as it works to “drive [the network] back to profitability.” The comment, revealed in a leaked internal video update, included an apology…
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You’re on Guard! Weekly Recap: Boeing Machinists Go on Strike, Elliott Earns a Win at Southwest
The Main Squawk: 30,000+ aerospace workers at Boeing walk off the job Just a few weeks after Boeing’s new CEO Kelly Ortberg took the helm at the struggling aircraft manufacturer, he is already dealing with a pocket of severe turbulence. A tentative agreement between the International Association of Machinists and Aerospace Workers (IAM) and the…
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You’re on Guard! Weekly Recap: JetBlue Raises Its Third-Quarter Revenue Forecast, and Capacity Cuts are Enroute
The Main Squawk: JetBlue is raising its third-quarter revenue forecast Thanks to a stronger summer travel season and more robust operational performance than originally planned, the Queens-based carrier announced Thursday that it could see a modest gain in revenue of up to 1% compared to Q3 2023. It added that while a drop in revenue…
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You’re on Guard! Weekly Recap: JetBlue is Rumored to Soon Offer Early Outs, Southwest Ramps Up Its Red Eye Game
Happy Labor Day, everyone! Hopefully you’re enjoying some time off, but if you’re working over the weekend, I’m sure you’re enjoying the lucrative holiday pay that comes with blocking in just a few minutes past midnight on September 2. The Main Squawk: JetBlue may soon offer “pilot buyouts” to aid its return to profitability A…
