All Southwest Airlines articles – Page 2
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NewsElliott’s criticism of Southwest’s overhaul plan ‘inane’: CEO Bob Jordan
Southwest Airlines chief executive Bob Jordan blasted minority shareholder Elliott Investment Management’s latest criticisms as “inane” during Southwest’s 26 September investor day in Dallas.
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NewsSouthwest’s feud with Elliot heats up ahead of investor day
Southwest Airlines’ increasingly acrimonious public feud with minority shareholder Elliot Investment Management has heated up a notch just days before the carrier is scheduled to update investors on its strategy.
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NewsGary Kelly and six of Southwest’s board members to resign at Elliott’s behest
Pressure from Elliott Investment Management has forced change at Southwest Airlines, which is now planning a major overhaul of the company’s board of directors.
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NewsSouthwest seeks fresh revenue direction with Tim Lyon as new pricing vice-president
Needing to shake up what critics say is a stagnant revenue model, Southwest has created a new role to shape its pricing strategy.
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In depthAircraft shortages push US carriers to pause pilot-hiring spree
A pilot shortage that had gripped the US regional airline industry is finally easing, at least temporarily, due to aircraft production and maintenance issues that have left much larger US airlines with fewer-than-anticipated jets.
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NewsStrong airline experience among Elliott’s picks as Southwest board replacements
Activist shareholder Elliott Investment Management has put forward 10 candidates – including former airline chiefs David Cush and Gregg Saretsky – to replace Southwest Airlines’ board, which it sees as “profoundly out of touch” with investors following a series of blunders earlier this year.
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NewsSouthwest to end 50 years of ‘open’ seating as it overhauls product
Southwest Airlines will end its signature “open” seating model and offer premium seating options as it seeks new revenue sources to address concerns around the business’s performance.
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NewsSouthwest pilots missed vital NOTAM before early-morning closed-runway take-off
US investigators have disclosed that a runway-closure notice for Maine’s Portland Jetport was missed by pilots of a Southwest Airlines Boeing 737-700 before the aircraft departed the closed runway 29. Although the crew had seen a NOTAM listing the closure at weekends, the captain “incorrectly assumed” that the same NOTAM ...
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NewsSouthwest Airlines and Archer team up to plan California air taxi networks
Southwest Airlines and Archer Aviation have signed a memorandum of understanding to create air taxi networks in and around cities in California served by the carrier.
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NewsSouthwest adds Rakesh Gangwal as board director in face of leadership criticism
Facing investor criticism for having a too-insular board of directors, Southwest Airlines has added longtime airline executive Rakesh Gangwal to the group it believes will guide it back to “enduring profitability”.
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NewsSouthwest board adopts rights plan to counter activist investors
Southwest Airlines’ board of directors has adopted a rights plan aimed at fending off activist shareholders gaining control of the company.
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NewsSlow-to-pivot Southwest lowers second-quarter revenue outlook
Major US carrier Southwest Airlines lowered its revenue outlook for the second quarter on 26 June as it seemingly acknowledged that it did not react to the current demand environment quickly enough.
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NewsSecond investment group calls for changes at Southwest
Another US investment firm with a stake in Southwest Airlines is calling for wholesale changes to the carrier’s leadership team and strategic direction.
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NewsSouthwest pushes back against criticism of leadership
Southwest Airlines disagrees with the grim prognosis recently offered by Elliott Investment Management, a firm that now holds a roughly 11% stake in the Dallas-based carrier.
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Airline BusinessSouthwest latest to face strategic questions as hedge fund hits out
Southwest Airlines has stated its confidence in the business’s strategy and leadership team after a hedge fund called both into question in a highly critical letter, as it became the latest US carrier to have its performance and planning thrust into the spotlight.
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News’Unwillingness to evolve’ hindering Southwest’s performance: Elliott
Elliott Investment Management is calling for major leadership and strategic changes at Southwest Airlines to guide it into a more-profitable future.
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NewsSouthwest 737 turns back to Denver after apparent cowl-door loss on departure
One of Southwest Airlines’ Boeing 737-800s has returned to Denver, its departure airport, after one engine suffered an apparent cowl-door detachment. The aircraft had been operating the WN3695 service to Houston on 7 March. It had taken off from Denver’s runway 25. But air-ground communications indicate that the crew sought ...
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NewsSouthwest 737 diverts after misaligned approach to LaGuardia
Clarity has yet to emerge as to why a Southwest Airlines Boeing 737-800 was not aligned with the runway during final approach to New York LaGuardia, following a service from Nashville.
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Airline BusinessAirlines candid on Boeing concerns
Good weeks have been few and far between at Boeing for some time, but the past few days have proven particularly challenging as the airframer works to move beyond its various issues.
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NewsAlaska rebounds after taking $150m hit from 737 Max 9 grounding
US carrier Alaska Airlines estimates the grounding of its Boeing 737 Max 9s following the 5 January door plug blow-out on flight 1282 resulted in lost profits of at least $150 million.