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Southwest CEO Bob Jordan is “all about execution” on the airline’s turnaround efforts after surviving the airline’s bitter battle with activist investor Elliott Investment Management.
Flight cancellations from what was unofficially dubbed Winter Storm Elliott were inevitable, creating chaos at most airlines for a day. But for Southwest Airlines and its outdated crew-scheduling ...
Southwest and American shares have dropped nearly 50% and 70%, respectively, over the last five years. Both airlines posted losses last quarter, slightly missing revenue and earnings expectations.
NEW YORK, Dec. 24, 2024 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, announces it is investigating potential breaches of fiduciary duties by the directors and officers of Southwest Airlines Co. (NYSE: LUV) in connection with Southwest Airlines’ information technology infrastructure impacting Southwest Airlines’ business, operations, and stock price.
Southwest Airlines has adopted a ‘poison pill’ following activist investor Elliott Investment Management taking a significant stake in the company.
Activist hedge fund Elliott Management has amassed a $1.9 billion stake in Southwest Airlines and plans to push for leadership changes at the airline that has lagged big rivals.
NEW YORK, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, continues to investigate potential breaches of fiduciary duties by the directors and officers of Southwest Airlines Co. (NYSE: LUV) in connection with Southwest Airlines’ information technology infrastructure impacting Southwest Airlines’ business, operations, and stock price.
Southwest Airlines CEO Bob Jordan said on Wednesday he will not resign as the air carrier faces pressure from activist investor Elliott Investment Management, with it already considering ...