Activist Fund With $2 Billion Southwest Stake Seeks Leadership Change
Elliott Investment Management is pushing for changes it sees as necessary for the airline to compete better in today’s market.
Credit: Josh Edelson/AFP/Getty Images
A brief period 18 months ago marked a turning point for Southwest Airlines, perhaps in more ways than one. During its now infamous December 2022 operational meltdown, cascading, close-in flight cancellations stemming from Winter Storm Elliott overwhelmed the carrier’s processes, resulting in a three...
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