Now that Southwest Airlines has opened up its new assigned seating regime (available now for booking flights on or after Jan.

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Southwest Airlines (NYSE: LUV) announced a sudden change in its corporate governance, and that shift rattled some investors. The airline's stock price took an almost 4% hit on Friday during a session ...

Doug Brooks is the new chairman of Southwest Airlines, replacing Rakesh Gangwal, who remains on the board and will chair the new fleet oversight committee.

Southwest is now charging passengers to select their seats. This follows on from its recent decision to introduce new baggage fees.

The Charles E. Lakin Foundation recent awarded a $1 million grant to support the Southwest Iowa Technical Career Hub.