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3 days ago · Southwest once reported strong profits consistently even as other airlines lost money and sought bankruptcy protection. But its financial results in recent years have disappointed some investors ...
3 days ago · Southwest Airlines will lay out a strategy on Thursday to turn around its business and restore profit margins to pre-pandemic levels as the U.S. carrier faces pressure from an activist investor to ...
Sep 22, 2024 · Southwest Airlines Co. has warned employees that it will announce some tough decisions in coming days under a plan to restore profits and help fend off changes being demanded by activist Elliott Investment Management. Steps the carrier has already announced, including ditching a 50-year history of not assigning seats, offering a premium product ...
6 days ago · LUV. Southwest Airlines warned employees of looming "difficult decisions" as the carrier faces pressure from activist investor Elliott Investment Management to boost profits. The Dallas-based ...
4 days ago · CHICAGO, Sept 25 (Reuters) - Southwest Airlines (LUV.N), the pioneering low-cost carrier, is facing a campaign by an activist investor to overhaul a business model it says is outdated, putting...
Southwest Airlines Co.’s shares surged the most in almost four years after the carrier unveiled a stock buyback plan and detailed major policy changes, part of a plan to revitalize its operations and fend off an activist investor.
Jan 6, 2023 · Jan. 6, 2023. The meltdown that forced Southwest Airlines to cancel more than 16,700 holiday flights could cost the carrier between $725 million and $825 million, the airline said in a filing...
