Articles tagged “activist investors”

Airlines

Southwest’s Game of Catch-Up: What’s Next After Elliott Settlement?

Southwest had a rough going over the past few months, but CEO Bob Jordan says he has a plan. The Southwest experience may not look too different from other airlines.

Elizabeth Casolo | 2 days ago

Southwest’s Game of Catch-Up: What’s Next After Elliott Settlement?

Airlines

Activist Investor Slams Southwest’s Outlook, Says Airline is ‘Unable to Adapt’ 

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.

Meghna Maharishi | 5 months ago

Activist Investor Slams Southwest’s Outlook, Says Airline is ‘Unable to Adapt’ 

Airlines

Southwest Cuts Financial Outlook, Blames Revenue Management ‘Complexities’

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.

Gordon Smith | 5 months ago

Southwest Cuts Financial Outlook, Blames Revenue Management ‘Complexities’

Airlines

Southwest CEO Says He Won’t Resign Despite Elliott’s Activist Pressure

Jordan’s comments come just days after Elliott took a nearly $2 billion stake in Southwest, making it one of the airline’s largest investors.

Meghna Maharishi | 5 months ago

Southwest CEO Says He Won’t Resign Despite Elliott’s Activist Pressure

Airlines

Southwest Defends Strategy Amid Activist Pressure

Southwest said it is confident in its strategy and leadership team as Elliott is pushing for the airline to replace its CEO and chairman.

Meghna Maharishi | 5 months ago

Southwest Defends Strategy Amid Activist Pressure

Airlines

Southwest Faces Activist Pressure as Elliott Takes Nearly $2 Billion Stake

In a letter to Southwest's board of directors, Elliot said it wanted a new CEO at the airline, along with other major changes.

Meghna Maharishi | 5 months ago

Southwest Faces Activist Pressure as Elliott Takes Nearly $2 Billion Stake

Business Travel

Activist Shareholder in Tussle With India’s Largest Corp Travel Manager Yatra

The activist investor Maguire has raised fair points that Yatra has taken too long to hire a chief financial officer and to hold board elections. But otherwise, CEO Dhruv Shringi and the management team have led the company well.

Sean O'Neill, Skift | 3 years ago

Activist Shareholder in Tussle With India’s Largest Corp Travel Manager Yatra

Online Travel

Amadeus Loses Premier Inn Tech Deal But Sees Growth Elsewhere

A few months ago, activist investor Elliott Management took Amadeus rival Travelport private. Elliott also happens to be the largest shareholder of Whitbread, the parent company of Premier Inn. That hotel chain has now dropped its contract with Amadeus for software services. Coincidence?

Sean O'Neill, Skift | 5 years ago

Amadeus Loses Premier Inn Tech Deal But Sees Growth Elsewhere