Southwest Airlines’ activist investor concerns won’t disappear …
3 days ago · In June, Elliott disclosed a $1.9 billion stake in Southwest and proceeded to spend the summer skewering the Dallas-based airline for lackluster financial performance and operational...
Southwest Airlines offering buyouts amid aircraft delivery woes
3 days ago · A luggage carrier navigates Southwest Airlines aircraft at Dallas Love Field, August 18, 2024. (Tom Fox / Staff Photographer) Southwest Airlines will offer buyouts to workers at 18 airports across ...
Southwest Airlines settles with Elliott, accelerating ... - Dallas News
Oct 24, 2024 · This story was previously published on Oct. 24, 2024, but is being regenerated on Nov. 1, 2024, the day Gary Kelly and other board members will retire. Southwest Airlines has given in to demands ...
Southwest Airlines settlement, restructures board leadership – …
Oct 24, 2024 · The Dallas-based airline announced in a press release on Thursday morning that the agreement would restructure the board’s leadership, including the retirements of longtime CEO and executive...
Southwest Airlines names Rakesh Gangwal as board chair ... - CBS News
Nov 4, 2024 · Leadership shakeup at Southwest Airlines 03:05. DALLAS ... Julia Falcon is a digital content producer at CBS News Texas. Julia has previously written for news outlets across Dallas-Fort Worth like ...
Southwest Airlines execs prepare for major operations overhaul
Sep 24, 2024 · Dallas-based Southwest Airlines is preparing for some of the biggest changes in its 57-year history, including an overhaul of its boarding process. The board is also being shaken up.
Southwest Airlines investor Elliott plans to call special meeting ...
Sep 24, 2024 · DALLAS — Activist investor Elliott Investment Management said Tuesday it plans to call a special board meeting at Dallas-based Southwest Airlines “as soon as next week” to overhaul the...
Southwest Airlines to release new changes, investor plan …
Sep 26, 2024 · Southwest Airlines said Thursday that it plans to end the open-boarding system it has used for more than 50 years and start flights with passengers sitting in assigned seats during the first...
Southwest Airlines’ major changes were not because of Elliott
But Southwest’s profits fell well behind those of Delta and United since the beginning of 2022, registering net income of $1.2 billion compared with $8.5 billion at Delta and $5.5 billion at United.
Elliott Investment group calls for special meeting at Southwest Airlines
Oct 15, 2024 · DALLAS - An activist investor group that wants to see major changes at the top of Southwest Airlines has called a special meeting for December. It wants to replace at least eight members of the...
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