Articles tagged “southwest airlines”

Warren Buffett Reveals Bigger Stake in Southwest and American Airlines

Warren Buffett Reveals Bigger Stake in Southwest and American Airlines

Associated Press

The legendary investor's firm, Berkshire Hathaway, is doubling down on its previous $9 billion bet on the sector by buying more shares of American Airlines and Southwest Airlines. The resulting push up in share price means this has been a good time to be an airline investor.

1 week ago

Southwest Airlines Poised for Big Move to Amadeus Reservations System

Southwest Airlines Poised for Big Move to Amadeus Reservations System

Sean O'Neill, Skift

More than 20,000 Southwest workers have been trained on the new system, which will let the airline fly red-eyes and make other schedule changes. Meanwhile, if the switch goes smoothly, Amadeus will find it easier to sell systems to other carriers.

3 weeks ago

Congress Warns 5 Airline Execs They Must Improve Customer Service

Congress Warns 5 Airline Execs They Must Improve Customer Service

Brian Sumers, Skift

Congress is not happy with U.S. airlines. That's for sure. But how much will Washington do about it? Here's a prediction: Probably not much.

3 weeks ago

Passengers Aren’t Happy With U.S. Airlines, and Neither Are Some Investors

Passengers Aren’t Happy With U.S. Airlines, and Neither Are Some Investors

Michael Sasso and Mary Schlangenstein, Bloomberg

U.S. airline passengers may be upset, but they have little recourse. The four biggest airlines control the vast majority of domestic market share, and consumers only have so many options. As for investors, that's a different story. They have other places to park their money.

3 weeks ago

Freddie Awards Pick the Year’s Best Traveler Loyalty Programs

Freddie Awards Pick the Year’s Best Traveler Loyalty Programs

Sean O'Neill, Skift

Can 4.2 million flyers be wrong?

4 weeks ago

Southwest Airlines Promises to Stop Overbooking Flights

Southwest Airlines Promises to Stop Overbooking Flights

Brian Sumers, Skift

Overbooking has gotten a lot of attention in the past three weeks, but, most of the time, it's not a big deal. Airlines know passengers won't show up, so they sell a few more tickets than they have seats. What's the harm in that? Airlines might want to reduce the number of extra seats they sell, but they don't need to retire the practice.

4 weeks ago

Alaska Air Will Stay at Dallas Love Field Despite Virgin America’s Struggles There

Alaska Air Will Stay at Dallas Love Field Despite Virgin America’s Struggles There

Justin Bachman, Bloomberg

Former Virgin America CEO David Cush always had high hopes for Dallas Love Field, but as long as he ran the company, his airline struggled there against Southwest Airlines. Perhaps under new management, the combined Alaska-Virgin America entity will do better.

2 months ago

Southwest Airlines Is Saying Goodbye to Paper Tickets and Pneumatic Tubes

Southwest Airlines Is Saying Goodbye to Paper Tickets and Pneumatic Tubes

Mary Schlangenstein, Bloomberg

Southwest is the nation's most consistently profitable airline, which is amazing considering the carrier has operated for years with antiquated technology. It's finally updating its systems. There may be hiccups short-term, but over the long term, that should be good news for investors and customers.

2 months ago

Is Warren Buffett Scheming to Buy a U.S. Airline?

Is Warren Buffett Scheming to Buy a U.S. Airline?

Bloomberg, Katherine Chiglinsky, Mary Schlangenstein and Lisa Du

Anything can happen, and trying to predict the future is a fun game. Still, it seems unlikely that anyone — even Warren Buffett — would want to take an airline private. As one analyst said, airlines generally don't make the best leveraged buyout candidates. But, hey, wouldn't it be fun to be surprised?

3 months ago

Southwest Sues Mechanics Over Alleged Slowdown

Southwest Sues Mechanics Over Alleged Slowdown

Associated Press

Southwest executives usually tout the stellar status of their labor relations. It looks as though the feeling isn't mutual.

3 months ago

Warren Buffett Can’t Get Enough of U.S. Airline Stocks

Warren Buffett Can’t Get Enough of U.S. Airline Stocks

Mary Schlangenstein, Bloomberg

There's no doubt airlines are in better fiscal shape than during previous cycles. But is all this investor enthusiasm warranted? Many U.S. airlines are facing increased competition from low-cost airlines at home and abroad.

3 months ago

Airline IT Failures Expose Systems That Are a Mix of Really Old and New Technologies

Airline IT Failures Expose Systems That Are a Mix of Really Old and New Technologies

Justin Bachman, Bloomberg

The likes of Twitter and Facebook have made it so much easier for passengers to voice their displeasure when things go wrong. Failures happen for a variety of reasons. The best thing that airlines can do in these situations is just be honest. Dedicating investments into new or upgraded systems is called for as well.

4 months ago