After buying up a $1.9 million stake in Southwest Airlines (LUV) in June 2024, hedge fund Elliott Investment Management has ...
The new Southwest director and IndiGo co-founder Rakesh Gangwal has purchased 3.6 million shares in the airline and backed ...
Southwest has had a rough few years. The company’s share value has declined around 40% since the start of 2020 when pandemic ...
Southwest Airlines Director Rakesh Gangwal, who was picked by the company to join its board amid growing pressure from an ...
Activist investor Elliot Investment Managements plans to call for a special meeting of holders of Southwest Airlines ...
Earlier this month, chairman Gary Kelly told shareholders he would retire next year amid pressure from hedge fund Elliott ...
Shares surged the most in almost four years after the carrier unveiled a stock buyback plan and detailed major policy changes ...
Leaders of Southwest Airlines are set to explain Thursday how they plan to remodel the airline to change with consumer tastes ...
Southwest will not eliminate its Hartsfield-Jackson International Airport crew base, but said it will need less staff there ...
Rakesh Gangwal, co-founder of India’s leading airline IndiGo, invested over $100 million in Southwest Airlines, a US carrier ...
The changes come two days after Elliott threatened to call a special meeting as it tries to push CEO Bob Jordan out.
Sales for assigned seats are expected to begin in the second half of 2025, and the first flights with the new model will ...