The airline will appoint six new directors to its board, avoiding a proxy fight with the activist investor Elliott Investment ...

Chairman Gary Kelly and six current board members will depart Nov. 1 and be replaced by five Elliott-backed candidates and a ...

Southwest Airlines CEO Robert Jordan managed to survive the shakeup, but faces pressure to improve the company’s financial ...

American Airlines posted a loss of third-quarter loss of $149 million Thursday, weighed down by paying bonuses to flight ...

Southwest Airlines reached a settlement with an activist investor by agreeing to overhaul its board, ending — at least for ...

Elliott Investment Management built up an 11% stake in Southwest and is seeking a top-level shake-up.

Southwest Airlines (LUV) and the activist hedge fund that has been trying to wrest control from the carrier’s management team ...

The agreement came as the carrier reported a surprise third-quarter profit, benefiting from improved pricing and demand, as ...

The airline gave the activist a significant presence on its board but not the majority control the hedge fund initially ...

Southwest said Chairman Gary Kelly and six current board members will depart Nov. 1, to be replaced by candidates backed by ...

26, 2024, in Dallas. DALLAS (AP) — Southwest Airlines will replace several members of its board with candidates pushed by ...

Southwest Airlines reported better-than-expected earnings Thursday, sending its shares higher ahead of the opening bell. The ...