Southwest Airlines CEO Robert Jordan managed to survive the shakeup, but faces pressure to improve the company’s financial ...

American Airlines posted a loss of third-quarter loss of $149 million Thursday, weighed down by paying bonuses to flight ...

After weathering recent turbulence, Southwest Airlines (LUV) reported $67 million in third-quarter net income Thursday on ...

The airline will appoint six new directors to its board, avoiding a proxy fight with the activist investor Elliott Investment ...

Chairman Gary Kelly and six current board members will depart Nov. 1 and be replaced by five Elliott-backed candidates and a ...

Southwest Airlines will replace several members of its board with candidates pushed by Elliott Investment Management to end a ...

The settlement deflects a potentially rancorous proxy fight.

Southwest Airlines’ third-quarter revenue rose to a record high but profit fell nearly two-thirds, to $67 million, on higher ...

Southwest Airlines posted third-quarter profit well above Wall Street’s expectations and revealed that it had struck a deal ...

Southwest Airlines (LUV) and the activist hedge fund that has been trying to wrest control from the carrier’s management team ...

Elliott Investment Management built up an 11% stake in Southwest and is seeking a top-level shake-up.

The agreement came as the carrier reported a surprise third-quarter profit, benefiting from improved pricing and demand, as ...