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Southwest Airlines (NYSE: LUV) announced its 181st consecutive quarterly dividend, declaring a cash dividend of $0.18 per share.
The dividend will be payable on July 10, 2024, to shareholders recorded by the close of business on June 19, 2024.
Southwest Airlines Co. reports annual progress in sustainability and corporate citizenship through the launch of its One Report and Diversity, Equity, and Inclusion (DEI) Report. The reports highlight the carrier's sustainability strategy, renewable ventures, record number of passengers transported, investment in customer experience, and commitment to diversity and inclusion. Southwest also celebrates its placement on Newsweek's America's Most Responsible Companies list for the second year in a row.
Southwest Airlines introduced Cash + Points, a new flexible payment option for Rapid Rewards Members, allowing them to pay for flights with a combination of cash and points. Business Travel Managers can now use a combination of cash and Rapid Rewards Business points. Additionally, Rapid Rewards Members can now use their points for hotel stays using competitive rates at over 400,000 properties worldwide. The enhancements aim to provide extra flexibility for customers and create more value from their points.
Southwest Airlines Co. (NYSE: LUV) has been ranked as the top airline in Newsweek's 2024 America's Best Customer Service List. The ranking was based on an independent survey of over 30,000 U.S. customers, focusing on quality of communication, professional competence, range of services, customer focus, and accessibility. Southwest Airlines attributes this success to its dedicated employees and continuous efforts to enhance customer experience through various improvements.
Southwest Airlines announced leadership updates with Mark Shaw moving to an Executive Advisor role, Jason Van Eaton promoted to Executive Vice President, Chief Regulatory & Corporate Affairs Officer, and Jeff Novota promoted to Vice President General Counsel & Corporate Secretary. The changes are effective June 1, 2024.
Southwest Airlines continues to prioritize strong leadership and strategic transitions within the company, ensuring seamless operations and strategic direction moving forward.
Southwest Airlines introduces 'Wanna Go Wednesdays,' offering low fares on last-minute trips each Wednesday. Customers can access discounted rates on routes available for spontaneous bookings. The program aims to enhance travel experiences by highlighting affordable travel destinations.
Southwest Airlines Co. celebrates 10 years of its Repurpose with Purpose sustainability program, upcycling aircraft seat leather to create social impact. The program diverted 1.4 million pounds of leather from landfills, generated revenue for partners, and won an award for eco-innovation. Through partnerships with nonprofits, Southwest creates employment opportunities, skills training, and community impact.
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