Starting on Wednesday, the Dallas-based carrier will charge customers $35 for their first checked bag and $45 for their second checked bag. The bag fee change will also apply to existing flight itineraries changed on or after May 28, Southwest confirmed to "Good Morning America."

Dallas-based Southwest Airlines announced a major change to its longstanding bags fly free policy: checked bags, for the most part, would no

Earlier this year, the airline announced plans to end its trademark “bags fly free” policy to help shore up earnings.