Southwest Introduces Baggage Fees As It Faces Pressure From Activist Investor To Boost Revenue and Profitability - video Dailymotion

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10 months ago

Southwest Airlines will start charging checked baggage fees, according to CNBC. The move ends its long-standing “two bags fly free” policy as part of a broader effort to boost revenue.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Southwest Airlines will start charging check baggage fees, according to CNBC.

00:06The move ends its long-standing two-bags-fly-free policy as part of a broader effort to boost revenue.

00:11Southwest has not disclosed its pricing, but competitors charge at least $35 per bag.

00:16These adjustments come as Southwest faces pressure to improve profitability,

00:20fouling Elliott Investment Management's stake in the company.

00:22For all things money, visit Benzinga.com slash GSTV.

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