After buying up a $1.9 million stake in Southwest Airlines (LUV) in June 2024, hedge fund Elliott Investment Management has ...

The new Southwest director and IndiGo co-founder Rakesh Gangwal has purchased 3.6 million shares in the airline and backed ...

Southwest has had a rough few years. The company’s share value has declined around 40% since the start of 2020 when pandemic ...

Southwest Airlines Director Rakesh Gangwal, who was picked by the company to join its board amid growing pressure from an ...

Earlier this month, chairman Gary Kelly told shareholders he would retire next year amid pressure from hedge fund Elliott ...

Activist investor Elliot Investment Managements plans to call for a special meeting of holders of Southwest Airlines ...

Southwest Airlines chief executive Bob Jordan blasted minority shareholder Elliott Investment Management's latest criticisms ...

Shares surged the most in almost four years after the carrier unveiled a stock buyback plan and detailed major policy changes ...

Fornaro currently serves on the boards of Avianca, Colombia's largest airline, and WestJet, Canada's second-largest carrier. Fornaro earned a master's degree in city and regional planning from Harvard ...

Southwest will not eliminate its Hartsfield-Jackson International Airport crew base, but said it will need less staff there ...

The changes come two days after Elliott threatened to call a special meeting as it tries to push CEO Bob Jordan out.