Vail Resorts reported a quarterly loss that missed analyst expectations, despite revenue exceeding estimates. The company announced a $100 million transformation plan, including workforce reductions, and provided an optimistic outlook for fiscal year 2025.
Southwest Airlines is embarking on a three-year transformation plan to elevate its customer experience, improve financial performance, and drive sustainable shareholder value. Key elements include assigned seating, premium seating options, international partnerships, and a new vacation package offering. Southwest also aims to achieve significant cost savings, optimize fleet management, and return capital to shareholders through dividends and share buybacks.
