FastMarket.news

Southwest Airlines to End Free Checked Baggage Policy in 2025

Published 1 days agoLUV
Southwest Airlines to End Free Checked Baggage Policy in 2025

Southwest Airlines is set to change its baggage policy, ending the widely popular 'bags fly free' practice. Starting with flights booked on or after May 28, 2025, the airline will impose a fee for checked luggage—$35 for the first bag and $45 for the second. This marks a significant shift for Southwest, which has long distinguished itself by allowing two free checked bags per passenger.


As reported by Reuters, there are several exemptions to this new policy. A-List Preferred members and passengers with Business Select fares will continue to enjoy the perk of two free checked bags. Meanwhile, A-List members and those with Southwest's co-branded credit card will be entitled to one free checked bag. The move aligns Southwest more closely with other major U.S. airlines that already charge for checked luggage, aiming to enhance its profitability.


While the adjustment could bolster Southwest's revenue, it may also impact customer loyalty, as the free checked baggage policy has been a key attractor for travelers. According to the Associated Press, this change is poised to alter how customers perceive the airline, although it remains to be seen how it will affect overall patronage and long-standing brand identity.

Share this article

Recent Articles

Sony to Spin Off Financial Arm, Focus on Entertainment Ventures

Sony to Spin Off Financial Arm, Focus on Entertainment Ventures

24 minutes agoSONY

Sony has unveiled plans to spin off its financial services division, Sony Financial Group, as part of a strategic move to enhance its fundraising capabilities. In a landmark announcement, the company will distribute more than 80% of Sony Financial Group's shares to current shareholders via dividends in kind. This spin-off, noted as Japan's first partial spin-off with a direct listing in over two decades, is slated for September 29, according to Reuters. This decision reflects Sony's strategic pivot towards focusing on its core areas of entertainment and technology. Presently, entertainment contributes to over 60% of Sony's revenue. The tech giant aims to dedicate more resources to expanding its gaming, movies, music, and anime sectors, while also retaining its leading position in smartphone image sensors. Historically, Sony Financial Group was established in the late 1970s by Sony co-founder Akio Morita to venture into the life insurance market. Now, as part of the spin-off, Sony Financial Group plans a share repurchase of approximately 100 billion yen by March 2027. This move underscores Sony's continued commitment to focusing on its entertainment and gaming industries, with an eye on accelerating growth and innovation within these fields.

Shell Expands With $510 Million Purchase in Nigeria's Bonga Field

Shell Expands With $510 Million Purchase in Nigeria's Bonga Field

1 hours agoSHEL

Shell has agreed to purchase TotalEnergies' 12.5% non-operated stake in the Bonga oil field in Nigeria for $510 million. This acquisition will increase Shell's operational stake in the Bonga field to 67.5%, further solidifying its presence in Nigeria's offshore oil industry. Reuters reported that this move is part of TotalEnergies' broader strategy to streamline its portfolio by focusing on assets with lower technical costs and reduced emissions. The Bonga oil field, situated in Oil Mining Lease 118, has been operational since 2005 and boasts a production capacity of 225,000 barrels of oil per day. Shell's acquisition aligns with its ongoing investments in Nigeria, including the Bonga North deep-water project. This upcoming $5 billion project is expected to produce approximately 350 million barrels of crude oil, with first oil anticipated by the end of the decade. This transaction is still subject to regulatory approvals and customary closing conditions. Shell remains committed to enhancing its upstream portfolio in Nigeria, concentrating on high-value and low-emission assets, consistent with its global strategy to manage its asset base and participate in substantial offshore projects.

TotalEnergies Sells Stake in Nigeria's Bonga Oil Field for $510 Million

TotalEnergies Sells Stake in Nigeria's Bonga Oil Field for $510 Million

2 hours agoTTE

TotalEnergies has officially announced its decision to sell its 12.5% non-operated stake in Nigeria's Bonga oil field to a subsidiary of Shell for $510 million. This significant move underscores TotalEnergies' efforts to strategically adjust its asset portfolio, aligning with a business strategy focused on initiatives with lower technical costs and reduced emissions, Reuters reported. The Bonga oil field plays a key role in Nigeria's offshore oil production, having been developed in 2005. This field has been an essential contributor to the country's output, highlighting the importance of offshore projects within Nigeria's energy landscape. The sale at $510 million reflects TotalEnergies' systematic approach to refining its investments, notably aiming to lower its cash breakeven point amid broader market adjustments. This transaction is part of a wider industry trend where prominent oil companies are steering away from onshore Nigerian investments in favor of more lucrative offshore ventures. TotalEnergies' divestment aligns with similar strategic movements by industry peers, all of which aim to bolster financial results by concentrating resources on higher-yield projects.

C3.ai Beats Earnings Expectations with Strong Revenue Growth

C3.ai Beats Earnings Expectations with Strong Revenue Growth

2 hours agoAI

C3.ai (NYSE: AI) recently announced its fiscal Q4 and full-year 2025 financial outcomes, showcasing strong overall performance. The company reported a non-GAAP net loss per share of $0.12, which was notably better than the $0.24 loss analysts had anticipated, as highlighted by Investing.com. Supporting the upbeat earnings report, C3.ai achieved total revenue of $98.8 million for Q3 2025, reflecting a robust 26% year-over-year growth. Subscription revenue played a significant role, contributing 87% of total revenue with a 22% year-over-year increase to $85.7 million. Furthermore, the company expanded its partnerships with major players like Microsoft and AWS, boosting agreements by 460% and enhancing the joint sales pipeline with Microsoft by 244%, according to Moomoo.com. In terms of strategic movements, C3.ai has broadened the use of its Generative AI models within high-security domains, including U.S. Intelligence and Defense sectors, which reinforces its product's credibility. The company has set forth a revenue forecast for Q4 2025 from $103.6 million to $113.6 million and estimates the full fiscal year revenue to range between $383.9 million and $393.9 million. These results underline C3.ai's expanding influence and reinforce its active role in the AI landscape.