Southwest Airlines is offering buyouts and extended leaves of absence to airport workers to avoid what it calls “overstaffing in certain locations," which it blames on a shortage of new planes ...

The appointment of the new directors ends Southwest’s months-long battle with Elliott, which was poised to turn into a proxy fight. Southwest appointed six new directors as part of a settlement ...

After a months-long battle, Southwest Airlines has settled with the activist hedge fund investor Elliott Investment Management and has agreed to restructure its board. The carrier’s concessions ...

The best thing about taking a flight with Southwest Airlines? Open seating. The worst thing about taking a flight with Southwest Airlines? Open seating. Also, the unruly passengers that continue ...

Southwest Airlines (LUV) reached a settlement with activist investor Elliott Investment Management, ceding six board seats to the firm seeking control over the struggling airline. In June, Elliott ...

Elliott Investment Management and Southwest Airlines Co. are nearing a settlement that would avoid a proxy fight for control of the carrier’s board, according to people familiar with the matter.

After more than four months of waging a public battle with activist investor Elliott Investment Management, low-cost pioneer Southwest Airlines may finally be headed toward a truce. The two sides ...

After months of an ongoing battle, Southwest Airlines has reached a settlement with activist investor Elliott Investment Management. The Dallas-based airline announced in a press release on ...

The battle alarmed Southwest’s loyal flyers, who are legion. Over 50 years, the Texas-based company has built a cult-favorite brand on a combination of economy-class-only flights, free bag ...

By Michael J. de la Merced Southwest Airlines will appoint six new directors as part of a truce with Elliott Investment Management, the big activist investor seeking to shake up the airline.

Earnings per share surpassed estimates at $0.15, compared to expectations of $0.06. Operating revenue reached a record $6.9 billion, exceeding the $6.772 billion analyst projection. While revenue ...

CEO Bob Jordan to retain job, Executive Chairman Gary Kelly will accelerate retirement Southwest to add six directors to board Southwest reports surprise profit for third quarter Oct 24 (Reuters ...