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Southwest Airlines has ‘difficult decisions’ ahead
Southwest Airlines tells staff ‘difficult decisions' ahead in push to boost profits
Southwest Airlines has warned employees that it will have to make “difficult decisions” ahead to boost profits as the carrier faces pressure from activist Elliott Investment Management, which has sought leadership changes at the company.
Southwest Airlines has ‘difficult decisions’ ahead as it works to boost profit, COO says in video message
Southwest Airlines’ chief operating officer has told staff there are “difficult decisions” ahead, as the troubled airline seeks to move back to profitability under pressure from activist investor Elliott Investment Management.
Southwest Airlines warns of ‘difficult decisions’ to restore profits
Steps Southwest Airlines has already announced, including ditching a 50-year history of not assigning seats, offering a premium product and beginning
Southwest Airlines warns staff of 'tough decisions' ahead, Bloomberg reports
Southwest Airlines has warned employees that it will soon make tough decisions as part of a strategy to restore profits and counter demands from activist investor Elliott Investment Management, Bloomberg News reported on Saturday.
Southwest warns employees of 'difficult decisions' ahead: report
The remarks come amid pressure from activist investor Elliott Investment Management, which has advocated for numerous changes at Southwest to improve its financial performance.
Southwest Airline Warns of 'Tough Decisions' Ahead
The faltering airline's leadership is preparing a series of cost-cutting measures to counter an activist investor's attempt to revamp the c-suite, according to a Bloomberg report.
4d
on MSN
Elliott still wants Southwest Airlines CEO Bob Jordan out, union says
Southwest Airlines CEO Bob Jordan and executive chairman Gary Kelly would be long gone by now if one vocal activist investor ...
In Depth
5d
In Depth
Exclusive: Activist Elliott tells Southwest Air mechanics it still wants CEO's ouster, memo says
Activist investor Elliott Investment Management told one of Southwest Airlines' top unions it still wants to replace CEO ...
12d
Southwest Airlines Agrees to Board Changes After Pressure From Elliott
The airline has been under pressure from the hedge fund Elliott to replace its top management and make other changes to ...
19d
Southwest Airlines: Elliott Still Trying Too Hard
Elliott Investment Management is pushing for significant changes at Southwest Airlines including a new board to improve ...
15h
What's Behind The 10% Fall In Southwest Airlines Stock?
Southwest Airlines’ revenue grew from $15.8 billion in 2021 to just $26.1 billion in 2023, driven by a recovery in travel demand post pandemic. Southwest Airlines’ revenue passenger miles (RPM) grew ...
12d
Southwest Airlines chairman to retire, 6 board members to resign after push from major shareholder
DALLAS – Southwest Airlines will revamp its board of directors, and longtime Chairman Gary Kelly will retire next year, the ...
5d
on MSN
Elliott Management wants Southwest CEO out
Elliott Management wants Bob Jordan out as Southwest Airlines ( NYSE: LUV) CEO and executive chairman Gary Kelly to leave ...
20d
Southwest Airlines’ stock rises after activist investor Elliott ups its stake
Elliott now holds enough stock to call a special shareholder meeting ahead of a Sept. 9 sit-down with management.
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