Southwest Airlines facing tough decisions to restore profits, fend off activist investor Elliott.

From Investing.com: 2024-09-21 19:55:35

Southwest Airlines is planning tough decisions to restore profits and fend off activist investor Elliott Investment Management. Changes to flight routes and schedules are being considered, possibly affecting individual employees. Struggling post-pandemic, Southwest plans to offer premium seats and overnight flights. Elliott still aims to replace CEO Robert Jordan. Southwest will present details to investors on Sept. 26.



Read more at Investing.com: Southwest Airlines warns staff of ‘tough decisions’ ahead, Bloomberg reports By Reuters