Articles tagged “southwest airlines”

Southwest is adopting a shareholder rights plan — known as a “poison pill” — to fend off Elliott from attaining a controlling stake in the company.

If Boeing is convicted of committing a felony, it could become harder for the plane maker to win contract work with the federal government.

In part one, Gordon Smith and Jay Shabat discuss why Southwest has cut its revenue outlook so drastically for the current quarter. In part two, we take stock for our Airline Weekly mid-year review, and ask what the coming six months could hold.

Today's podcast looks at Xbox' lessons for the travel industry, Elliott Investment Management's message for Southwest, and Blackstone's latest UK acquisition.

Elliott Investment Management, which has a $2 billion activist stake in Southwest, was highly critical of the airline’s revenue forecast cut for the second quarter.

Southwest's cut in revenue guidance for the current quarter comes just three weeks after a vocal activist investor called for big changes at the airline.

American is the latest major U.S. carrier to pause hiring new pilots. The carrier is facing a weaker financial outlook for the second quarter and is moderating its growth for the year.

As JetBlue makes carry-on bags free for all passengers, is United's isolated market positioning becoming increasingly untenable?

The move could be a blow to carriers like JSX, whose appeal is in part offering customers a private jet-like experience.

Suddenly, Southwest Airlines is under attack, not by a competitor, but by an activist investor demanding big changes.