SOUTHWEST AIRLINES announced next phase in its Board transformation, which includes voluntary retirement of Executive Chairman Gary Kelly following 2025 Annual Meeting and elimination of executive committee structure to create Finance Committee to oversee financial/operational/business plans and strategies, major transactions, capital structure and capital allocation priorities. It invited ELLIOT INVESTMENT MANAGEMENT to participate in refreshment efforts.
AMERICAN AIRLINES is adding nearly 500 new aviation maintenance jobs (and additional lines of heavy maintenance) at its maintenance bases in Charlotte (133 openings; including 122 AMTs), Pittsburgh (44; 40) and Tulsa (321; 227).