The company's first involuntary staff cuts come amid dramatic changes forced by investors. But can it soar by acting more like competitors it long outperformed?

Dallas-based Southwest Airlines announced this week that it will lay off 1,750 employees, marking the first workforce reduction in its 53-year history. According to a Worker Adjustment and Retraining ...

Frontier Airlines is seeing a huge spike in the number of applicants for its cobranded credit card. Meanwhile, talk about the next industry merger or alliance is swirling.

Southwest says it will maintain a significant presence in the Mile High City despite cutting some routes to improve margins ...