From CNBC: 2024-09-23 10:10:29

Southwest Airlines warns employees of tough decisions ahead to increase profits amid pressure from Elliott Investment Management. Changes include assigned seating, more legroom options, red-eye flights, and targeting younger consumers. No furloughs planned, but possible cuts in certain cities. Southwest to reveal more details at investor day this Thursday. Gary Kelly to step down as executive chairman next year.



Read more at CNBC: Southwest Airlines tells staff ‘difficult decisions’ ahead