Daily Memo: Activist Investor Takes Aim At Southwest’s Heart—Its People
Daily Memo: Activist Investor Takes Aim At Southwest’s Heart—Its People is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership. Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password
Southwest Airlines activist investor takes major step toward changes
Related: Southwest Airlines' major investor is still mad. The proxy battle began in early summer when Elliott issued sharp statements about what it sees as failures in the current
Investor group calls for December election for 8 Southwest Airlines board seats
The investment hedge fund Elliott has called for a December special meeting of the Southwest Airlines board of directors as it pushes for major changes at the Texas-based airline.
Activist investor Elliott’s new weapon in Southwest proxy fight: a podcast
Elliott Investment Management has a new way to garner the attention of Southwest Airlines: a podcast. The activist investor that disclosed a $1.9 billion stake in the Dallas-based airline back in June is getting personal with their board of director candidates in a new podcast called “Stronger Southwest Podcast” available on Apple,
Southwest Airlines calls activist investor's latest moves in proxy fight 'unnecessary and inappropriate'
The airline says activist investor Elliott Management doesn't understand its business and has an "insatiable need" to place its interests ahead of other shareholders.
Southwest Airlines enters sustainable aviation fuel deal with Valero
Southwest Airlines has entered into a deal with a unit of Valero Energy for the supply of sustainable aviation fuel (SAF) to ...
United Airlines Does Stock Buyback, Labor Slams Investor ‘Greedheads’
United Airlines announced a $1.5 billion stock buyback plan, underscoring a seeming return to an investor focus that had ...
Cessna, American Airlines 737 have mid-air close call; FAA investigating
An American Airlines 737 and a Cessna 182 came within about 350 feet of each other in mid-air near the airport in Austin, ...
Moody's lowers outlook for Southwest Airlines as strategy initiatives present risks
Southwest Airlines’ (NYSE:LUV) strong balance sheet and its solid position in the U.S. domestic market earned a Baa1 senior ...
Southwest Airlines has faced plenty of challenges recently — what's next?
Southwest has had a rough few years. The company’s share value has declined around 40% since the start of 2020 when pandemic ...
Elliott Management calls for special meeting with Southwest Airlines shareholders
Activist investor Elliott Investment Management has called for a special meeting in December with shareholders of Southwest ...
Southwest Airlines defends its actions, says it will work to reach a resolution with Elliott Management
Southwest Airlines responds to Elliott Investment Management's demands for a special shareholder meeting, citing lack of ...
A Closer Look at Southwest Airlines's Options Market Dynamics
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options ...
What’s the future of budget airlines? We asked JetBlue’s founder.
David Neeleman, now the CEO of Breeze Airways, shares his takes on Southwest’s changes, airport lounges and his essential ...
What's in the Cards for Southwest Airlines in Q3 Earnings?
LUV's third-quarter 2024 revenues are expected to have benefited from growth in air-travel demand. Higher interest expense is ...