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

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 ...

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

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

The second largest shareholder of Southwest Airlines is calling for special meeting of shareholders to vote on its slate of ...

Hedge Fund Elliott Calls for Southwest Shareholders to Meet and Vote on Its Slate of Directors The second largest shareholder of Southwest Airlines on Monday called for special meeting of ...

The hedge fund recently acquired a stake of 11% in the struggling airline and is calling for the meeting to be held on Dec. 10. Elliott had previously requested 10 directors, but Southwest trimmed ...

DALLAS – The investment group pushing for major changes at Dallas-based Southwest Airlines has called for a special meeting to replace the company's board of directors. In a news release Monday, ...

The second largest shareholder of Southwest Airlines on Monday called for special meeting of shareholders to vote on its slate of eight new directors, which would represent a majority of the ...