Southwest Raises Revenue Outlook, Announces More Changes Amid Activist Pressure
Southwest’s more positive outlook comes as it seeks more ways to boost its profitability and fend off an activist investor.
Articles tagged “southwest airlines”
Southwest Cuts Atlanta Flights: ‘We Simply Cannot Afford Continued Losses’
Just one day before its investor day, Southwest announced it would cut some of its Atlanta service, impacting around 300 pilot and flight attendant positions.
Ship-Free Saturdays, Southwest’s Special Meeting and Etihad’s New Routes
Today's podcast looks at Juneau's new cruise ban attempt, Elliot Investment's new reveal for Southwest, and Etihad Airway's new routes.
Elliott to Call for Special Meeting at Southwest as It Continues Activist Campaign
In a letter to shareholders, Elliott said it still doesn’t support Southwest’s current course and would continue to push for new leadership.
For Airline Weekly Subscribers
Southwest’s Evolving Route Network
Airline Weekly analysis of Cirium Diio data shows fascinating shifts in Southwest’s route network over the past decade. In this week’s episode we drill into the detail.
Rome Vs. Overtourism, Southwest Chair Resigns and 3 Big Travel Insights
Today's podcast looks at Rome's tourism overload, Southwest's investor challenges, and three key travel insights.
Southwest Chairman Gary Kelly to Step Down After Activist Pressure
Gary Kelly has been a part of the Southwest family for almost four decades. Will his departure and that of six other board members be enough to keep Elliott happy?
DOT Launches Probe Into Loyalty Programs of 4 Largest U.S. Airlines
The investigation seeks to determine whether recent industry trends like devaluing the worth of miles and consolidation have adversely affected consumers.
Striking Hotel Workers, Southwest’s Activists and NZ’s Tourist Fees
Today's podcast looks at labor strikes at U.S. hotels, Southwest’s activist investors, and New Zealand’s new fees for tourists.
Elliott Owns Enough Southwest Shares to Call for a Special Meeting
Elliott is amping up the pressure on Southwest. Now that it's crossed the threshold in owning 10% of the carrier's common stock shares, the hedge fund could call a special meeting to force a vote on whether to oust Southwest CEO Bob Jordan and chairman Gary Kelly.