Tag: Southwest Airlines
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The rapid descent of Southwest Airlines: How the company plunged from customer cult-favorite to activist investor target
The storm’s timing couldn’t have been worse.In late December of 2022, an “extratropical cyclone” brought all manner of menacing winter conditions to two-thirds of...
Southwest Airlines threw in the towel in its fight against activist investor Elliott
Southwest Airlines (LUV) reached a settlement with activist investor Elliott Investment Management, ceding six board seats to the firm seeking control over the struggling...
Southwest Airlines and its activist hedge fund foe might become friends
Southwest Airlines (LUV) and the activist hedge fund that has been trying to wrest control from the carrier’s management team might be about to...
Activist Elliott, Southwest Airlines to begin settlement discussions, Bloomberg News reports
(Reuters) - Elliott Investment Management and Southwest Airlines have begun discussing a potential settlement that would avoid a proxy fight for control of the...
US tentatively awards Washington flights to Delta, United, American
By David ShepardsonWASHINGTON (Reuters) -The U.S. Transportation Department on Wednesday said it was tentatively awarding five new daily round trip flights from Washington Reagan...