Under assault from activist hedge fund Elliott Capital Management, the carrier's executives told a shareholder meeting that ...
The move, including service enhancements and share buybacks, came after the hedge fund Elliott Management called for cost ...
Elliott Investment Management LP, the Florida-based hedge fund that has accumulated a 11% stake in Southwest Airlines and ...
The changes come two days after Elliott threatened to call a special meeting as it tries to push CEO Bob Jordan out.
The company says its business plan will rake in an additional $4 billion in earnings before interest and taxes by 2027.
Southwest Airlines (LUV) outlined a number of actions Thursday that it’s taking to improve its business in the face of an ...
Elliott Investment Management now holds 10 percent of Southwest Airlines' common stock, crossing the threshold that allows the hedge fund to call a special meeting at the carrier, according to ...
Representatives with Elliott Investment Management, the Florida-based hedge fund that has accumulated a 11% stake in ...
Southwest Airlines is planning to cut about one-third of its flights in Atlanta next year to save money, and employees ...