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Southwest Airlines warns staff of 'tough decisions' ahead, Bloomberg reports
Southwest Airlines has warned employees that it will soon make tough decisions as part of a strategy to restore profits and counter demands from activist investor Elliott Investment Management, Bloomberg News reported on Saturday.
Southwest Airlines Warns of ‘Difficult Decisions’ to Restore Profits
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.
Southwest Airlines Is An Easy Fix, But It's Not Necessarily A Buy
Southwest Airlines struggles with unprofitable expansion, poor utilization, and rising costs, hindering potential for profitable growth turnaround. See more here.
Johnny Jet on MSN
1d
World-renowned cellist treats Southwest Airlines passengers to free concert at 36,000 feet in the air
A world renowned cellist who has performed in 35 countries, was flying Southwest Airlines when she was invited to play her ...
4d
on MSN
Elliott still wants Southwest Airlines CEO Bob Jordan out, union says
Southwest Airlines CEO Bob Jordan and executive chairman Gary Kelly would be long gone by now if one vocal activist investor ...
NBC New York
10d
Pilots of an Alaska Airlines jet narrowly avoid a possible collision with a Southwest plane
An Alaska
Airlines
jet taking off in Nashville braked to a rapid stop on the runway to avoid a possible collision with a ...
12d
Southwest Airlines chairman to retire, 6 board members to resign after push from major shareholder
DALLAS – Southwest Airlines will revamp its board of directors, and longtime Chairman Gary Kelly will retire next year, the ...
12d
on MSN
Southwest Airlines shakes up its board under pressure from a big shareholder
Southwest Airlines will revamp its board and the chairman will retire next year, but it intends to stick with CEO Robert ...
10d
Southwest Airlines brawling with San Antonio, warns future growth at airport uncertain
Southwest Airlines, the largest airline in the city, may reconsider growth plans in San Antonio if it doesn’t get gates in ...
9d
on MSN
Southwest and Alaska Airlines planes nearly collide on Nashville airport runway, spurring FAA investigation
The Federal Aviation Administration and the National Transportation Safety Board are probing a near-collision between two ...
2d
Southwest Airlines and San Antonio airport spar over contract, Terminal C
Southwest Airlines is less than two weeks away from the expiration of their signatory lease agreement with the San Antonio ...
10d
on MSN
Alaska Airlines plane aborts takeoff to avoid collision with Southwest jet
Just days after two Delta planes collided, an Alaska Airlines flight nearly collided with a Southwest jet in Nashville.
2d
Why Southwest’s Stock Underperformed By 50%
Notably, LUV stock has performed worse than the broader market in each of the last three years. Returns for the stock were -8 ...
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Elliott
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