Southwest stock surges 10% as airline presents turnaround plan The changes come two days after Elliott threatened to call a special meeting as it tries to push CEO Bob Jordan out. Fortune · Sep 26, 2024
Southwest Airlines Prepares To Share Profitability Plan with Investors Southwest is hosting its Investor Day in Dallas on Thursday, when shareholders will have the opportunity to hear more about these initiatives and the airline's plan to restore its profitability. International Business Times · Sep 26, 2024
Southwest shares drop with chairman retiring amid Elliot pressure Elliot announced in June that it had built a 11% stake in the airline and called for the departures of Kelly and CEO Bob Jordan. Fortune · Sep 10, 2024
Southwest Chairman Gary Kelly To Retire As Struggling Airline Shakes Up Board The moves come after a meeting with large shareholder Elliott Investment Management. International Business Times · Sep 10, 2024
Southwest Airlines is under attack—and it's something founder Herb Kelleher always worried about Southwest's co-founder, who died five years ago, created the company’s singularly successful model and oversaw 47 consecutive quarters of profitability. Fortune · Aug 24, 2024
Former United Airlines CEO: Activist investors are wrong about Southwest. Running an airline requires more than just financial acumen 'Replacing executives at this critical juncture could disrupt the momentum and stability that Southwest needs to implement changes,' writes Oscar Munoz. Fortune · Aug 22, 2024
Southwest's Gary Kelly is fighting off an activist bid with a poison pill after piloting the airline through COVID Elliott Management is seeking to oust CEO Bob Jordan and Kelly after disclosing a $1.9 billion stake. Fortune · Jul 3, 2024
People Have Had Enough Of Southwest Airlines’ “Miracle Flights” Scam Southwest Airlines is being accused of having a passive attitude towards individuals who fake mobility issues to gain priority boarding. The post People Have Had Enough Of Southwest Airlines’ “Miracle Flights” Scam first appeared on Bored Panda. Bored Panda · May 16, 2024
Alaska Airlines Says Expects $150 Mn Hit From 737 MAX Grounding Alaska Airlines said Thursday it expects a $150 million hit from the Boeing 737 MAX grounding, which will limit its capacity growth in 2024. International Business Times · Jan 25, 2024
Southwest Airlines Says It's Ready for Winter After 2022's Troubles Southwest Airlines is discussing its preparedness for winter travel after a meltdown in 2022. Kiplinger · Dec 15, 2023
Southwest doesn't currently offer red-eye flights, but it says it will in the future CEO says they’re under consideration. Fortune · Nov 6, 2023
Southwest Airlines CEO Bob Jordan talks growth, obstacles post-holiday meltdown It’s been over three months since Dallas-based Southwest Airlines’ historic holiday meltdown that stranded millions of passengers across the country. Tribune News Service · Apr 11, 2023
Southwest Airlines ‘really close’ to inking union contracts Southwest Airlines CEO Bob Jordan said the carrier is getting closer to deals with key labor unions, contracts that would improve pay for pilots, flight attendants and other unionized workers at the Dallas-based carrier. Tribune News Service · Apr 10, 2023
Southwest Airlines CEO Bob Jordan got $2 million pay bump for 2022 DALLAS — Southwest Airlines CEO Bob Jordan pocketed a 75% pay and compensation increase in his first year on the job, a year that ended in an epic debacle as the carrier’s operations melted down during the holidays. Tribune News Service · Apr 7, 2023
Tribune News Service · Mar 14, 2023 Southwest Airlines details plan to prevent another winter meltdown Three months after a travel meltdown plagued Dallas-based Southwest Airlines, the carrier is rolling out what it hopes to be its redemption: a three-part plan to boost operations.
Tribune News Service · Feb 9, 2023 Where’s Bob? Southwest Airlines CEO’s absence becomes a talking point in Senate hearing Southwest Airlines CEO Bob Jordan was conspicuous by his absence from Thursday’s U.S. Senate committee hearing into the carrier’s December holiday meltdown.
Tribune News Service · Feb 6, 2023 Southwest Airlines lowers requirements for new pilots Southwest Airlines will cut the number of turbine engine hours needed for new hire pilots in half, making it easier for regional airline pilots and others that have flown professionally to get on board.
Tribune News Service · Jan 31, 2023 How Southwest Airlines plans to soothe business customers soured by holiday meltdown Southwest Airlines is continuing its push to win back customers left wary by the airline’s epic holiday meltdown stranded millions of travelers all over the country.
Los Angeles Times · Jan 27, 2023 Making travel plans? Southwest’s holiday meltdown may be a sign of air travel drama to come LOS ANGELES — Thousands of canceled flights. Countless separated bags. Millions of angry passengers.
Tribune News Service · Jan 27, 2023 Southwest Airlines leaders defend tech, schedules and staffing after holiday meltdown Southwest Airlines’ top executives say the company’s technology, staffing and scheduling plans didn’t fail in late December, even after a holiday meltdown in which 16,700 flights were canceled and the carrier forced the shutdown of two-thirds of its operations.
Fortune · Jan 27, 2023 Southwest's CEO and CFO face investors for the first time following the holiday travel deluge “While I’m not proud of what happened, I am very proud of our people," Southwest CEO Bob Jordan said.
WEKU · Jan 26, 2023 Southwest faces investigation over holiday travel disaster as it posts a $220M loss The Department of Transportation says it is looking into the airline's flight scheduling practices and will hold it accountable for refunds. The 16,700 canceled flights cost Southwest $800 million.
Tribune News Service · Jan 26, 2023 DOT investigating if ‘unrealistic scheduling’ at Southwest Airlines led to meltdown U.S. Department of Transportation officials are investigating Dallas-based Southwest Airlines over whether the carrier’s holiday meltdown that stranded millions of travelers was caused by overscheduling flights.
Tribune News Service · Jan 20, 2023 Southwest Airlines sending ‘gratitude pay’ to workers after holiday meltdown Southwest Airlines is sending millions of dollars in ‘gratitude pay’ to workers after the historical meltdown that led to 16,700 flight cancellations in late December.
Tribune News Service · Jan 16, 2023 Southwest Airlines CEO Bob Jordan talks about the holiday meltdown and what comes next Southwest Airlines faced another potential crisis just two weeks after its holiday meltdown as the FAA shut down all flights in the U.S. for nearly two hours last Wednesday.