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Southwest Airlines Thursday authorized $2.5 billion for stock buybacks to defeat a bid from activist shareholder hedge fund Elliot Management. Southwest shares rose roughly 10% on news of the action.
By the end of October that year, Elliott increased its stake to $3.4 billion. The influence led to a CEO transition and two new directors. Elliott liquidated its investment when it sold 5 million ...
Southwest Airlines is launching a new plan to return the carrier to profitability and has added a new director to its board, amid an ongoing battle with activist investor Elliott Investment ...
Southwest Airlines began charging $35 for ... One Instagram post about the change received over 14,000 replies – roughly 50 times its normal engagement. ... Delta CEO Ed Bastian immediately ...
Southwest CEO Bob Jordan talked everything from airport lounges, flights to Europe, using Rapid Rewards points to book on Air China and Iceland Air on Y'all-itics.
Southwest Airlines CEO Bob Jordan talks about changes like assigned seating and possible airport lounges to meet evolving customer demands. Dallas Business Journal. Select a City ...
Southwest Airlines reported quarterly earnings that beat expectations but pulled its full-year guidance. The CEO says consumer demand is being "highly impacted" by President Trump's tariff policies.
Bob Jordan, the Southwest Airlines CEO, has had a complicated year. He weathered the furor over Southwest's policy change ending free checked bags for many customers. He dealt with additional ...
ARLINGTON, Texas — Southwest Airlines is considering airport lounges, more premium seating and even long-haul international flights to win over high-spending customers, CEO Bob Jordan said ...