The moves away from Southwest’s simple business model and quirky traditions come as airline management faces pressure from ...

Elliott Investment Management told shareholders Tuesday it is ready to go to a proxy fight with Southwest Airlines.

The activist hedge fund – led by billionaire Paul Singer – encouraged shareholders to call back their shares and reaffirmed ...

The move, including service enhancements and share buybacks, came after the hedge fund Elliott Management called for cost ...

Under assault from activist hedge fund Elliott Capital Management, the carrier's executives told a shareholder meeting that ...

Representatives with Elliott Investment Management, the Florida-based hedge fund that has accumulated a 11% stake in ...

Southwest Airlines Thursday authorized $2.5 billion for stock buybacks to defeat a bid from activist shareholder hedge fund ...

The company says its business plan will rake in an additional $4 billion in earnings before interest and taxes by 2027.

Southwest Airlines is set to significantly scale back its operations in Atlanta, cutting around one-third of its flights and closing seven gates.

Southwest Airlines has unveiled its plan that gives passengers assigned seats, charges extra for more legroom and offers ...