The Latest Breaking News from Southwest Airlines

Southwest Airlines is paying a $35 million fine as part of a $140 million settlement with the government over a meltdown last holiday season

The U.S. Transportation Department ordered Southwest Airlines to pay a $140 million civil penalty as part of an agreement over operational failures that stranded millions of passengers a year ago.

Video appeared to show the passenger sprinting across the tarmac and being tackled to the ground by airport staff

A major blizzard set off a series of issues last year that forced the airline to cancel more than 16,000 flights, stranding passengers across the U.S. Southwest says this year will be different.

Passenger claims she was pulled aside, despite wearing the same clothes every time she flies

Passenger had to wrestle the man to get her mobile back

Passenger had to wrestle the man to get her mobile back

Woman described the altercation as ‘insane’

Despite the macroeconomic uncertainties, the airline industry is expected to grow due to increasing travel demand. While Southwest Airlines (LUV) gets a lot of investor attention in this space, I believe Ryanair Holdings (RYAAY), Gol Linhas Aéreas (GOL), and Air Canada (ACDVF) are better buys right now. Continue reading.