Southwest Airlines has shaken up its board, promising "significant ongoing refreshment", after meeting activist investor Elliott Investment Management. Executive chairman Gary Kelly will voluntarily r...
The US Department of Transportation (DOT) has launched an inquiry into the US 'big four' carriers for potentially ""unfair, deceptive, or anticompetitive practices"". The probe is focussed on the d...
Elliott Investment Management has now acquired a 10% ownership of Southwest Airlines, it said in a filing late on August 30, 2024. The activist investor now has a large enough stake to call for a s...
In the ongoing battle between Southwest and Elliott Investment Management, the activist investor has sent an open letter to the airline's shareholders. The letter, signed off by partner John Pike a...
Southwest Airlines extended its flight schedule on August 22, 2024, extending it through April 7, 2025. The airline is adding nonstop international services between Nashville and both Punta Cana and C...
Elliott Investment Management may nominate up to 10 director candidates to Southwest Airlines' board. The airline has a board of 15 members. After acquiring a $2bn stake in the airline in June, the ac...
Southwest Airlines reported a net income of $367 million, or $0.58 per diluted share, in its second quarter 2024 earnings report. Its operating revenues were $7.4bn during the period, up 4.5% over the...
Southwest Airlines and Archer Aviation have signed a memorandum of understanding (MoU) to develop operational plans for electric air taxi networks utilising Archer's eVTOL aircraft 'Midnight' at Calif...
A preliminary report from the US National Transportation Safety Board (NTSB) on July 9 found structural damage on Southwest Airlines flight 746 on a 737 MAX 8 aircraft that went into a 'Dutch roll' on...
Southwest airlines has appointed Rakesh Gangwal to its board of directors. ""Together with the rest of the Board, I look forward to supporting the company's strategic direction and building on its ...
Southwest Airlines has adopted a shareholders rights plan following its approval from the board of directors on July 2, 2024. The poison pill was deployed to defend against activist investor Elliott I...
Boeing could lose its party status in the National Transport Safety Board (NTSB) investigation into the 737 MAX 9 midair door plug blowout on January 5, the NTSB said in a letter to Boeing CEO Dave Ca...
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