{"id":259595,"date":"2025-05-27T11:13:08","date_gmt":"2025-05-27T11:13:08","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/finance\/southwest-airlines-50-year-old-two-bags-fly-free-policy-ends-tuesday-basic-economy-fares-set-to-debut-southwest-airlines-nyseluv\/"},"modified":"2025-05-27T11:13:08","modified_gmt":"2025-05-27T11:13:08","slug":"southwest-airlines-50-year-old-two-bags-fly-free-policy-ends-tuesday-basic-economy-fares-set-to-debut-southwest-airlines-nyseluv","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=259595","title":{"rendered":"Southwest Airlines&#8217; 50-Year-Old &#8216;Two Bags Fly Free&#8217; Policy Ends Tuesday, Basic Economy Fares Set To Debut &#8211; Southwest Airlines (NYSE:LUV)"},"content":{"rendered":"<p> <br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/cdn.benzinga.com\/files\/images\/story\/2025\/05\/27\/Warwick--Rhode-Islandseptember-2017-Chec.jpeg?optimize=medium&amp;dpr=1&amp;auto=webp&amp;height=675&amp;width=1200&amp;fit=crop\" \/><\/p>\n<div><!--$--><\/p>\n<p class=\"block core-block\"><strong>Southwest Airlines<\/strong> <span class=\"ticker\" data-ticker=\"LUV\" data-exchange=\"NYSE\" style=\"display:inline-block\">LUV<\/span> is set to start charging customers for checked bags, a move that sets it on par with other airlines.<\/p>\n<p><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\"><strong>What Happened<\/strong>:\u00a0Southwest Airlines will implement the change from Wednesday onwards, thereby ending its \u201ctwo bags fly free\u201d policy that has been in place for over 50 years. This decision is part of a broader shift in Southwest\u2019s business model, which includes the introduction of basic-economy tickets and the abandonment of its open seating policy, <a href=\"https:\/\/www.cnbc.com\/2025\/05\/26\/southwest-airlines-checked-bag-fees.html\" target=\"_blank\">reported<\/a>\u00a0CNBC.<\/p>\n<p><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\">The exact fee for checked bags is yet to be disclosed, but it is expected to be in line with industry competitors who typically charge around $35 to $40 for the first checked bag on domestic flights.<\/p>\n<p><!--\/$--><!--$--><!--$--><!--\/$--><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\">The new policy will be applicable to Southwest\u2019s Basic, Wanna Get Away Plus and Anytime fares. However, customers with top-tier status in the Rapid Rewards loyalty program, Business Select fares and those\u00a0with a Southwest Airlines co-branded\u00a0credit card will still be entitled to two free checked bags.<\/p>\n<p><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\">Additionally, Southwest Airlines will begin offering basic-economy tickets starting Wednesday. These new \u201cBasic\u201d fares restrict changes, have shorter six-month credit validity and assign the latest boarding groups. Additionally, the airline is discontinuing its previous lowest-tier option, the \u201cWanna Get Away\u201d fare.<\/p>\n<p><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\">Southwest Airlines, long known for its open-seating policy, will also begin offering seat assignments on flights starting in 2026. The airline also plans to add extra legroom seats at higher prices, aligning with competitors\u2019 practices.<\/p>\n<p><!--\/$--><!--$--><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\"><strong>SEE ALSO:\u00a0<\/strong><a href=\"https:\/\/benzinga.com\/25\/05\/45606014\/trumps-new-35-remittance-tax-targets-migrants-but-experts-say-it-could-fuel-black-market-and-hurt-central-america\" target=\"_blank\" rel=\"noreferrer noopener\">Trump\u2019s \u2018Big, Beautiful\u2019 Bill Hits Migrants With New Remittance Tax \u2014 Experts Say It Could Fuel Black Market And Hurt America\u2019s \u2018Very Poor\u2019<\/a><\/p>\n<p><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\"><strong>Why It Matters<\/strong>: The decision to charge for checked bags was <a href=\"https:\/\/www.benzinga.com\/news\/25\/03\/44245996\/why-is-southwest-airlines-stock-rising-today\" target=\"_blank\">announced\u00a0<\/a>in March after months of\u00a0pressure from <strong>Elliott Investment Management<\/strong>, an activist shareholder that secured five board seats last year. <\/p>\n<p><!--\/$--><!--$--><!--\/$--><!--$--><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\">Earlier this month, the airline announced a new policy requiring passengers to keep <a href=\"https:\/\/www.benzinga.com\/25\/05\/45541427\/southwest-airlines-announces-passengers-must-keep-portable-chargers-in-plain-sight-amid-fears-of-lithium-battery-fires\" target=\"_blank\">portable chargers<\/a> in plain sight, a move aimed at preventing incidents involving lithium batteries catching fire mid-flight.<\/p>\n<p><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\">Furthermore, in April, amid \u2018Macroeconomic Uncertainty,\u2019 Southwest discarded its <a href=\"https:\/\/www.benzinga.com\/general\/travel\/25\/04\/44968055\/southwest-airlines-tosses-out-profit-guidance-amid-macroeconomic-uncertainty-shares-slide-despite-better-than-expected-q1-results\" target=\"_blank\">profit guidance<\/a>, even as it reported better-than-expected Q1 results. These changes reflect Southwest\u2019s efforts to adapt to the evolving aviation industry landscape and maintain its cost-efficiency and competitiveness.<\/p>\n<p><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\">In a favorable development for the company, the Trump administration recently <a href=\"https:\/\/www.benzinga.com\/markets\/25\/05\/45538917\/trump-administration-halts-biden-era-lawsuit-against-southwest-airlines-over-alleged-flight-delays\" target=\"_blank\">halted a lawsuit<\/a> against Southwest, initiated by the Biden administration over alleged persistent flight delays.<\/p>\n<p><!--\/$--><!--$--><!--$--><!--\/$--><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\">Benzinga\u2019s Edge Rankings place Southwest Airlines in the 74th percentile for momentum and the 69th percentile for value, reflecting its strong performance in both areas. Check the detailed report\u00a0<a href=\"https:\/\/www.benzinga.com\/quote\/LUV\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.\u00a0<\/p>\n<p><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\">Over the past month, the shares of Southwest Airlines surged 16.14%, with a 4.3% decline in the past 5 days.<\/p>\n<p><!--\/$--><!--$--><!--\/$--><!--$--><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\"><em>Photo: Shutterstock<\/em><\/p>\n<p><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\"><em>This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.<\/em><\/p>\n<p><!--\/$--><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Southwest Airlines LUV is set to start charging customers for checked bags, a move that sets it on par with other airlines. What Happened:\u00a0Southwest Airlines will implement the change from Wednesday onwards, thereby ending its \u201ctwo bags fly free\u201d policy that has been in place for over 50 years. This decision is part of a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":259596,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[93],"tags":[85761,12593,2011,2959,13917,10916,6854,42114,280,807,93461,11572,348,13048,18125],"dealstore":[],"offerexpiration":[],"class_list":["post-259595","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-50yearold","tag-airlines","tag-bags","tag-basic","tag-debut","tag-economy","tag-ends","tag-fares","tag-fly","tag-free","tag-nyseluv","tag-policy","tag-set","tag-southwest","tag-tuesday"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Southwest Airlines&#039; 50-Year-Old &#039;Two Bags Fly Free&#039; Policy Ends Tuesday, Basic Economy Fares Set To Debut - Southwest Airlines (NYSE:LUV) - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=259595\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Southwest Airlines&#039; 50-Year-Old &#039;Two Bags Fly Free&#039; Policy Ends Tuesday, Basic Economy Fares Set To Debut - Southwest Airlines (NYSE:LUV) - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Southwest Airlines LUV is set to start charging customers for checked bags, a move that sets it on par with other airlines. 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