Southwest Airlines News

Dive into our Southwest Airlines news feed for a detailed look at the operational strategies, customer engagement initiatives, and financial health of one of the most iconic low-cost carriers. Our coverage tracks Southwest's efforts to maintain its competitive edge in the ever-changing landscape of the airline industry.

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Paddle Your Own KanooMateusz Maszczynski

Embattled Southwest Airlines CEO Refuses to Resign in the Face of Pressure From Activist Investor That Has Taken Stake in Carrier

Paddle Your Own Kanoo reports: Bob Jordan, the embattled chief executive of Southwest Airlines, has refused to resign in the face of mounting pressure from an activist investor hedge fund which has taken a big stake in the Dallas-based carrier in an attempt to oust Southwest’s leadership team and shake up the airline’s strategy.

2024-06-13T05:13:35.949389-07:00
2024-06-13T05:13:35.949389-07:00

Southwest Airlines CEO Resists Pressure From Activist Investor

Southwest Airlines CEO Bob Jordan has refused to step down despite mounting pressure from Elliot Investment Management, which has an 11% stake in the carrier. The activist investor is calling for an overhaul in leadership and a comprehensive business strategy to improve performance.

2024-06-09T16:36:57.709025-07:00

Elliott Investment Management Takes $2 Billion Stake in Southwest Airlines

The activist investor aims to push for strategic changes to reverse the underperformance of Southwest Airlines, with a focus on improving financial and operational efficiency.

2024-06-08T06:28:58.012949-07:00

Southwest Airlines Sued Over Hispanic Student Flight Program

Southwest Airlines faces a lawsuit alleging its program awarding Hispanic students with free flights discriminates against non-Hispanic individuals.

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Southwest Airlines News Timeline

2024-06-13T05:13:35.949389-07:002024-06-13T05:13:35.949389-07:00

Southwest Airlines CEO Resists Pressure From Activist Investor

Southwest Airlines CEO Bob Jordan has refused to step down despite mounting pressure from Elliot Investment Management, which has an 11% stake in the carrier. The activist investor is calling for an overhaul in leadership and a comprehensive business strategy to improve performance.

2024-06-13T03:53:50.488569-07:002024-06-13T03:53:50.488569-07:00

Elliott Pushes for Governance Overhaul at Southwest

Elliott Investment Management has initiated an activist shareholder campaign against Southwest Airlines' board, aiming for new governance, cost reductions, and monetization strategies amid performance challenges.

2024-06-03T20:44:08.950324-07:002024-06-03T20:44:08.950324-07:00

Southwest Airlines Expands Colorado Springs Operations

Southwest Airlines has boosted Colorado Springs Airport's profile unexpectedly, leading to a shortage of parking during peak travel, while adding daily nonstop flights to Baltimore/Washington International Thurgood Marshall Airport.

2024-05-13T14:50:15.867983-07:002024-05-13T14:50:15.867983-07:00

Southwest Faces Post-Covid Struggle

Southwest Airlines encounters difficulties adapting to the evolving demands of the post-Covid US domestic market, impacting its unit revenue.