Southwest Airlines director and IndiGo cofounder Rakesh Gangwal purchased approximately 3.6 million shares in Southwest, the airline revealed in a stock filing on October 2, 2024. The total shares are...
Southwest Airlines put on show its recovery plan at its investor day on September 26, 2024. The plan “reimagines core product” to supply the evolving customer demand. The airline highlighted its new ...
Activist investor Elliott Investment Management, which holds an 11% stake in Southwest Airlines, intends to call a special meeting at the Dallas airline in "the coming weeks" - possibly "as soon as ne...
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 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...
American-based activist investor Elliott Investment Management has bought a $1.9bn stake in Southwest Airlines. Following reports, the low-cost carrier's shares rose approximately 7% in premarket trad...
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