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 ...
The moves away from Southwest’s simple business model and quirky traditions come as airline management faces pressure from ...
Elliott Investment Management LP, the Florida-based hedge fund that has accumulated a 11% stake in Southwest Airlines and ...
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Southwest Airlines big changes
Southwest Airlines is making big changes as it faces pressure from a hedge fund. Republicans Hit with Triple Whammy as ...
The changes come two days after Elliott threatened to call a special meeting as it tries to push CEO Bob Jordan out.
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 red-eye flights — but bags still fly free.