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Southwest Airlines Co.'s (NYSE:LUV) plans announced Wednesday to begin service in Milwaukee appear targeted at slowing the growth of rival discounter AirTran Airways Inc. (NYSE:AAI) in the market. But the real loser in the coming fare war seems likely to be TPG-owned Midwest Air Group Inc., the one-time dominant force...
Posted on May 20, 2009 1:16 PM
Discount king Southwest Airlines Co. provided a clear illustration of how severely the larger economic downturn is impacting the airline industry, posting a worse-than-expected loss and announcing a plan to shrink its workforce.Dallas-based Southwest said it lost $91 million in the quarter, or 12 cents per share. Much of that...
Posted on April 16, 2009 2:20 PM
Southwest Airlines Co. has a new vice president of strategy and change leadership, but it's unlikely the appointment signals M&A ahead. Instead, Kathleen Wayton, who was a director in the company's strategic planning department, will drive and implement the airline's -- mostly organic -- growth plan, and develop processes to...
Posted on August 28, 2008 9:50 AM
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