Southwest Airlines Co. (LUV)
Southwest is under pressure to make big changes to its planes, flights, and bag rules: Here's what they could all look like
An activist investor has bought a big stake in Southwest Airlines and is asking for major changes. Elliott Management wants a new CEO and a total review of Southwest's business model.
FAA investigates after Southwest plane drops to ‘within 400ft' of Pacific Ocean
News comes as US regulators investigate separate incident after Boeing 737 Max 8 plane did a ‘Dutch roll' in May
Can Southwest Airlines Find Its Way Again?
Southwest Airlines LUV 1.39%increase; green up pointing triangle is flying through an identity crisis. Expect turbulence.
Southwest Airlines CEO says he won't resign amid pressure from hedge fund Elliott Investment Management
DALLAS — The chief executive of Southwest Airlines Co. said Wednesday he will not resign in the face of pressure from a hedge fund that wants him fired, and that his leadership team will produce its own plan to boost the airline's financial performance.
Southwest Airlines CEO rejects calls to resign: ‘We have a great plan and will execute'
Activist investor Elliott Investment Management called for leadership and board changes at Southwest after reporting a stake worth about $1.9 billion in the carrier.
Southwest Airlines CEO says no plans to step down despite pressure from activist Elliott
Southwest Airlines CEO Bob Jordan said on Wednesday he has no intention of stepping down despite pressure from activist Elliott Investment Management.
Southwest CEO will not resign, will consider input from activist investor Elliott
Southwest Airlines CEO Bob Jordan said on Wednesday he will not resign as the air carrier faces pressure from activist investor Elliott Investment Management, with it already considering amendments to its open-seating policy and other potential changes.
Southwest CEO vows change as activist investor pushes for new leadership
Southwest Airlines CEO Bob Jordan said the company is ready to adapt to changing customer trends like premium seating as demand shifts. Jordan's comments came days after hedge fund Elliott Management disclosed a nearly $2 billion stake in Southwest and said it wants to replace the carrier's CEO and chairman.
Can Southwest Airlines Stock Truly Rally 77% on Activist Plans?
After a long year and a half of trading within a tight $27 to $35 channel roughly, shares of Southwest Airlines Co. NYSE: LUV have finally run into the catalyst investors were looking for to bring this company back to its former glory what some may even call its actual value.
Southwest Airlines: Elliott Had Easier Options
Elliott Investment Management made a large investment in Southwest Airlines Co. due to underperformance, calling for a leadership upgrade and predicting a 77% upside potential. The airline faces revenue and cost performance issues, needing a vast operating improvement to justify the current price compared to legacy airlines. Legacy airlines like Delta and United are better deals, trading at lower P/E ratios and not requiring strategic turnarounds to perform well.
S&P 500 Gains and Losses Today: Southwest Airlines Soars as Activist Pushes for Change
Major U.S. equities indexes ticked higher to kick off a new trading week that will see the Federal Reserve take center stage with its latest policy decision set to be announced Wednesday.
An activist investor with a new $1.9 billion stake in Southwest is calling for big changes at the airline
Elliott Investment Management has called for changes at Southwest Airlines to fix what it says is poor performance. Southwest's share price has plummeted over 50% in three years, below March 2020 levels.
