Elliott, Southwest Airlines
Elliott still wants Southwest Airlines CEO Bob Jordan out, union says
Southwest Airlines CEO Bob Jordan and executive chairman Gary Kelly would be long gone by now if one vocal activist investor had its way, one of the airline’s unions told members this week.
Southwest Airlines backs CEO; board chair to exit in 2025 amid changes by Elliot Investments
A longtime Southwest Airlines company executive said Tuesday amid a board shakeup and changes to the carrier by an activist investor group that he will retire next year after nearly 40 years with Southwest.
Exclusive-Activist Elliott Tells Southwest Air Mechanics It Still Wants CEO's Ouster, Memo Says
Other Southwest investors have met with Elliott and some of the hedge fund's director candidates in the last few days. At these meetings, the hedge fund underscored its desire to
Elliott Still Wants to Oust Southwest CEO, Union Official Says
Elliott Investment Management still wants to replace Southwest Airlines Co. Chief Executive Officer Bob Jordan, according to a union official, suggesting changes the carrier has already promised aren’t enough to satisfy the activist shareholder.
Elliott Management wants Southwest CEO out
Elliott Management wants Bob Jordan out as Southwest Airlines (NYSE:LUV) CEO and executive chairman Gary Kelly to leave sooner than planned, according to a memo viewed by Reuters. The activist investor told members of the carrier’s top union that despite a board refresh and efforts by Southwest (LUV) to appease Elliott,
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Southwest Airlines gate agent accused of attacking cancer patient over extra seat policy
David Ford said he was waiting to board a flight from Hartford to Baltimore on June 12 when he was assaulted by a Southwest ...
Alaska Airlines plane aborts takeoff to avoid collision with Southwest jet
Just days after two Delta planes collided, an Alaska Airlines flight nearly collided with a Southwest jet in Nashville.
Alaska Airlines flight blows out tires while aborting takeoff to avoid tarmac collision with Southwest plane
Two planes narrowly avoided a disaster on the tarmac at Nashville International Airport Thursday morning, according to ...
Alaska Airlines plane aborts takeoff to avoid colliding with Southwest Airlines plane in Nashville
An Alaska Airlines​ flight aborted takeoff to avoid potentially colliding with a Southwest Airlines​ plane that was cleared ...
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Southwest Airlines chairman Gary Kelly to step down amid investor pressure
Southwest Airlines announced changes to its board including the retirement of its chairman Gary Kelly. The Dallas-based airline said Kelly would voluntarily retire after Southwest's annual ...
Southwest Airlines and San Antonio airport spar over contract, Terminal C
Southwest Airlines is less than two weeks away from the expiration of their signatory lease agreement with the San Antonio ...
Southwest Airlines brawling with San Antonio, warns future growth at airport uncertain
Southwest Airlines, the largest airline in the city, may reconsider growth plans in San Antonio if it doesn’t get gates in ...
Southwest Airlines chairman to retire, 6 board members to resign after push from major shareholder
DALLAS – Southwest Airlines will revamp its board of directors, and longtime Chairman Gary Kelly will retire next year, the ...
Southwest and Alaska Airlines planes nearly collide on Nashville airport runway, spurring FAA investigation
The Federal Aviation Administration and the National Transportation Safety Board are probing a near-collision between two ...
Southwest Airlines shakes up its board under pressure from a big shareholder
Southwest Airlines will revamp its board and the chairman will retire next year, but it intends to stick with CEO Robert ...
Why Southwest’s Stock Underperformed By 50%
Notably, LUV stock has performed worse than the broader market in each of the last three years. Returns for the stock were -8 ...