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...
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...
Southwest Airlines will apply to the US Department of Transportation (DOT) for a new, daily nonstop service between Ronald Reagan Washington National Airport (DCA) and Harry Reid International Airport...
Inter-island air cargo business Kamaka Air has announced a significant leadership transition as it continues making changes under new ownership. The current ownership group, who acquired the compa...
Southwest Airlines has declared a quarterly cash dividend of $0.18 per share to shareholders of record at the close of business on June 19, 2024, on all shares then issued and outstanding. The quar...
Several major US airlines intend to bring legal action against the US Department of Transportation over a new ""Junk Fee"" law. The law, which began discussions following its reveal by the FTC in 2...
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