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IndiGo co-founder Rakesh Gangwal becomes chairman of Southwest AirlinesIndian billionaire and IndiGo co-founder Rakesh Gangwal has been appointed Chairman of Southwest Airlines. Gangwal, who recently invested U...
Rakesh Gangwal invests over $100 million in Southwest Airlines sharesAccording to filings with the Securities and Exchange Commission, Gangwal bought the shares between September 30 and October 1, at prices r...
Rakesh Gangwal joins Southwest Airlines boardSouthwest Airlines addresses investor criticism by appointing veteran airline executive Rakesh Gangwal to its board, known for co-founding ...
Southwest flights resume after brief halt due to technical issueThe Dallas-based carrier said a vendor-supplied firewall went down Tuesday morning and connection to some operational data was "unexpectedl...
Airlines cancel over 1,000 US flights as winter storm grips statesA total of 1,035 flights within, into or out of the United States were canceled by 0915 am ET, according to flight-tracking website FlightA...
Southwest Airlines CEO issues apology to passengers for flight cancellations over holiday seasonUS Transportation Secretary Pete Buttigieg vowed to hold the airline responsible for the travel chaos it allegedly caused. Flights were can...
US stock market: S&P 500, Nasdaq close lower, weighed by growth stocksShares of Tesla Inc tumbled 11.4%, and the electric car maker was the heaviest drag on the S&P and the Nasdaq after a review by Reuters of ...
Rising Omicron cases disrupt air travel, 800 more flights canceledNearly 740 flights were canceled within, into, or out of the United States by early Monday morning, a tally on flight-tracking website Flig...
Boeing: Possible electrical issue in some 737 Max aircraftThe Max was grounded worldwide in March 2019 after two crashes killed 346 people. Regulators in the U.S., Europe, Canada, Brazil and other ...
Trump says even Buffett makes mistakes with his airline exitAll four companies that Berkshire previously held soared this week.
US airline shares tumble as Buffett stake sell-off fuels investor worriesUS airlines posted considerable losses in the first quarter, and are on track for a dismal second quarter.
- Warren Buffett says Berkshire is reversing course on airlines again
Buffett’s had a complicated relationship with the airline industry over the years.
Warren Buffett is cutting his airline stakesBerkshire cut its Southwest holding by 4 per cent and its Delta stake by 18 per cent.
- US airlines draw on $23.8 bn cash hoard
The six largest US airlines have built a $23.8 billion cash hoard to cut debt and build a cushion against future shocks, bucking a pattern ...
- US airline customer satisfaction drops lowest since 2001
Passengers are more dissatisfied with US airlines' customer service than they have been in years at a time when carriers are charging more ...
- US fliers may face separate fees for jet fuel
U.S. airlines may start charging passengers separately for jet fuel as oil prices inch past $100 per barrel.
- Battered by storms, US airlines may post Q1 loss