Activist Elliott will launch proxy fight at Southwest Airlines, to nominate as many as 10 directors
Elliott is preparing to launch a proxy fight at Southwest Airlines and will nominate as many as 10 directors to the company's 15-person board. Elliott has an 11% stake in the airline through stock ...
Elliott Prepares to Launch Proxy Fight at Southwest Airlines
Elliott Investment Management is preparing to launch a proxy fight at Southwest Airlines LUV 0.16%increase; green up pointing triangle, according to people familiar with the matter, as the activist...
Activist Investor Elliott Criticizes Southwest Again After Airline Announces Changes
The friction between Elliott Investment Management and the leadership of Southwest Airlines (LUV) intensified after the private equity firm blasted the airline's management for acting too late to i...
Big changes at Southwest Airlines include assigned seats, premium legroom, and red-eye flights
Southwest Airlines is undertaking a strategic transformation to improve customer experience, boost financial performance, and drive shareholder value. The initiative includes significant changes, i...
Southwest Airlines to move ahead with assigned seating and premium seating options
Southwest Airlines Co. LUV, -2.10% said Thursday it will move ahead with plans to assign seats and offer premium seating options, redesign its boarding model and introduce redeye flying. It's a big...
Southwest Airlines Is Ditching Open Seating on Flights
Southwest Airlines will soon assign seats on flights and sell some with extra legroom, making sweeping changes in a bid to broaden its appeal to passengers and boost revenue.
Southwest to get rid of open seating, offer extra legroom in biggest shift in its history
Southwest plans to offer pricier seats with extra legroom and end open seating on its planes. The shifts are the most major in Southwest's more than five decades of flying.
Southwest Airlines Faces FAA Review After Recent Incidents
Southwest Airlines (LUV) is facing a safety review from the Federal Aviation Administration, the company confirmed Tuesday, following a series of incidents in recent months.
SOUTHWEST AIRLINES ALERT: Bragar Eagel & Squire, P.C. is Investigating Southwest Airlines Co. on Behalf of Long-Term Stockholders and Encourages In...
NEW YORK, July 22, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Southwest Airlines Co. (NYSE:...
US FAA probes latest Southwest Airlines flight that posed safety issues
The Federal Aviation Administration (FAA) said Saturday it is investigating a Southwest Airlines flight after it flew at a very low altitude over Tampa Bay, Florida, the most recent in a series of ...
Southwest Airlines to Discuss Second Quarter 2024 Financial Results on July 25, 2024
DALLAS , July 19, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) invites you to listen to a live webcast of its second quarter 2024 financial results. Details are as follows: When: Th...
Southwest Airlines is teaming up with Archer to give passengers electric flying taxis
Southwest Airlines and Archer Aviation are developing electric air taxi operations in California. Southwest plans to use Archer Midnight eVTOL aircraft to cut customer travel time to the airport.
SOUTHWEST AIRLINES ANNOUNCES APPOINTMENT OF RAKESH GANGWAL, EXPERIENCED AIRLINE EXECUTIVE AND ENTREPRENEUR, TO BOARD OF DIRECTORS
DALLAS , July 8, 2024 /PRNewswire/ -- The Board of Directors of Southwest Airlines Co. (NYSE: LUV) ("Southwest") (the "Company") has appointed Rakesh Gangwal as a member of the Board, effective Ju...
Southwest Airlines shareholders puzzled by Elliott's activism can look to past campaigns for insight
Since Elliott Management announced its $1.9 billion stake in Southwest Airlines in June, the stock is down slightly. The activist hedge fund has never run a campaign at an airline before, but there...
Southwest Adopts 'Poison Pill' Shareholder Rights Plan
Southwest Airlines (LUV) on Wednesday implemented a so-called “poison pill” shareholder rights plan to prevent activist Elliott Investment Management from acquiring additional shares.
Related Companies