Articles tagged “elliott management”

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

Southwest Names IndiGo Co-Founder as Independent Board Chair

Gangwal’s appointment marks the end of a tense battle with activist investor Elliott, which had long been pushing for significant leadership changes at Southwest.

Meghna Maharishi | 2 weeks ago

Southwest Names IndiGo Co-Founder as Independent Board Chair

Airlines

Southwest Appoints 6 New Directors, CEO Bob Jordan Hangs On in Deal With Elliott

The appointment of the new directors ends Southwest’s months-long battle with Elliott, which was poised to turn into a proxy fight.

Meghna Maharishi | 3 weeks ago

Southwest Appoints 6 New Directors, CEO Bob Jordan Hangs On in Deal With Elliott

Airlines

Elliott Calls for December 10 Special Meeting at Southwest as It Looks to Replace Board

As Southwest promises to make changes to its business model, Elliott is still pushing its case for new leadership.

Meghna Maharishi | 1 month ago

Elliott Calls for December 10 Special Meeting at Southwest as It Looks to Replace Board

Airlines

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.

Meghna Maharishi | 2 months ago

Southwest Raises Revenue Outlook, Announces More Changes Amid Activist Pressure

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.

Meghna Maharishi | 2 months ago

Southwest Cuts Atlanta Flights: ‘We Simply Cannot Afford Continued Losses’

Podcasts

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.

Rashaad Jorden | 2 months ago

Ship-Free Saturdays, Southwest’s Special Meeting and Etihad’s New Routes

Airlines

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.

Meghna Maharishi | 2 months ago

Elliott to Call for Special Meeting at Southwest as It Continues Activist Campaign

Podcasts

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.

Rashaad Jorden | 2 months ago

Striking Hotel Workers, Southwest’s Activists and NZ’s Tourist Fees

Airlines

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.

Meghna Maharishi | 2 months ago

Elliott Owns Enough Southwest Shares to Call for a Special Meeting