Activist investor Elliott Management said Tuesday it will call a special meeting at Southwest Airlines "as soon as next week." Southwest's shareholder meeting is typically scheduled for May, but by c
Elliott Sends Second Open Letter to Its Fellow Shareholders Declares Intent to Call a Special Meeting in Coming Weeks, Given Urgent Need for Leadership Change Southwest's Use of "False Record Dates" R
Southwest Airlines is bracing for significant operational changes as it responds to mounting pressure from activist investor Elliott Management. In a recent communication, the airline warned its workf
Southwest Airlines' chief operating officer has told staff there are “difficult decisions” ahead, as the troubled airline seeks to move back to profitability under pressure from activist investor
Southwest Airlines' COO told staff that the company will have to make "difficult decisions" to boost the carrier's profits. The airline has already said it will switch to assigned seating, start red-e
Southwest Airlines has warned employees that it will soon make tough decisions as part of a strategy to restore profits and counter demands from activist investor Elliott Investment Management, Bloomb

Why Southwest's Stock Underperformed By 50%

06:00am, Friday, 20'th Sep 2024
Southwest Airlines (NYSE: LUV) has lost 10% in value since early January 2023 - falling from levels of around $32 then to under $29 now - underperforming the S&P 500 by more than 50% over this period.

Southwest Airlines Co. 2024 Investor Day

10:37pm, Thursday, 19'th Sep 2024
DALLAS , Sept. 19, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) invites you to listen to a live webcast of its 2024 Investor Day.
Southwest Airlines' Flight Simulator Technicians secure a new deal, ensuring higher wages and enhanced benefits.

Are Activists Helping Southwest Investors?

06:43pm, Tuesday, 17'th Sep 2024
The airline is keeping its CEO, but losing a large chunk of its board. In the fight with Elliott Management, who's winning?
Activist investor Elliott Investment Management told one of Southwest Airlines' top unions it still wants to replace CEO Robert Jordan, according to a union memo seen by Reuters, even after the carrie
As we move into the final stretch of 2024, many investors may be asking themselves: Is it time to give airline stocks another look? According to a new report from Bank of America (BofA), the answer mi
Flight Simulator Technicians Approve New Contract; All Labor Contracts Now Successfully Ratified DALLAS , Sept. 16, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) and the International Broth
Gary Kelly, LUV's executive chair, and six board members announce their decision to step down.
Southwest said six directors will leave the board in November and it plans to appoint four new, independent directors, potentially including candidates put forward by Elliott.
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