Southwest Airlines has announced the appointment of Rakesh Gangwal as the new independent Chair of its Board of Directors. This significant leadership change comes as part of the airline’s broader governance efforts to enhance oversight and strategic guidance. The appointment of Gangwal, a respected figure in the aviation industry, underscores Southwest’s commitment to strengthening its…
Southwest Airlines recently took delivery of a new Boeing 737-8, identified by serial number 68382 and powered by LEAP-1B28 engines. This addition is part of Southwest’s ongoing commitment to modernizing its fleet with fuel-efficient aircraft, enhancing both operational efficiency and environmental sustainability. The LEAP-1B28 engines, produced by CFM International, are known for their optimized fuel…
A recent ruling by a U.S. federal appeals court mandates Southwest Airlines to face a lawsuit filed by its pilots’ union. The union alleges that Southwest violated federal labor laws by intimidating and disciplining pilots for their association with the union. The lawsuit claims Southwest’s actions breach federal protections that safeguard pilots’ rights to unionize…
Moody’s Investors Service recently affirmed a Baa1 senior unsecured debt rating for Southwest Airlines, reflecting the airline’s robust balance sheet and leading position in the U.S. domestic market.
