The airline isn’t planning to announce furloughs, but it could cut its footprint in certain cities and staff could transfer ...

Steps Southwest Airlines has already announced, including ditching a 50-year history of not assigning seats, offering a ...

Southwest Airlines has warned employees that it will soon make tough decisions as part of a strategy to restore profits and ...

Southwest Airlines CEO Bob Jordan and executive chairman Gary Kelly would be long gone by now if one vocal activist investor ...

Elliott Management wants Bob Jordan out as Southwest Airlines ( NYSE: LUV) CEO and executive chairman Gary Kelly to leave ...

Activist investor Elliott Investment Management told one of Southwest Airlines' top unions it still wants to replace CEO ...

The remarks come amid pressure from activist investor Elliott Investment Management, which has advocated for numerous changes at Southwest to improve its financial performance.

Responding to pressure from Elliott Investment Management, Southwest Airlines said its chairman Gary Kelly will retire next ...

The faltering airline's leadership is preparing a series of cost-cutting measures to counter an activist investor's attempt ...

The airline has been under pressure from the hedge fund Elliott to replace its top management and make other changes to ...

Southwest Airlines (LUV) refreshes its board with new appointments and governance changes to enhance shareholder value and ...

A longtime Southwest Airlines company executive said Tuesday amid a board shakeup and changes to the carrier by an activist ...