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☆ Southwest adds former US Airways CEO to board as it battles activist
▼ + stars: | 2024-07-08 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +1 min

Southwest Airlines announced Monday that it's adding former US Airways CEO Rakesh Gangwal to its board of directors. The latest defensive maneuver aims to blunt Elliott's accusations that Southwest's board is long-tenured and insular. Gangwal was CEO of the now-defunct US Airways in the late 1990s and early 2000s, before founding Indian low-cost carrier IndiGo in 2006. Southwest announced the board expansion less than a week after it adopted a shareholder rights plan, limiting investors' ability to grow their stakes beyond a 12.5% threshold. Elliott is seeking the ouster of Kelly, Southwest's CEO before becoming executive chair, and Bob Jordan, who has served as Southwest's CEO since 2022.

Persons: Rakesh Gangwal, Elliott, Gangwal, Rakesh, Gary Kelly, Kelly, Bob Jordan, Jordan Organizations: Southwest Airlines, US, Elliott Management, US Airways, IndiGo, Southwest Locations: Asia

☆ Cassidy Hutchinson says she felt 'unsettled' when Mark Meadows secretly recorded a phone conversation with Nancy Pelosi: book
▼ + stars: | 2023-09-27 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Cassidy Hutchinson in her new book wrote of her unease when Meadows recorded a conversation with Pelosi. After Meadows asked her to record the call, Hutchinson pushed back, calling the request "bizarre." Hutchinson wrote that Meadows stressed the importance of being able to produce "receipts." AdvertisementAdvertisementFormer Trump White House aide Cassidy Hutchinson in her new memoir said that her onetime boss, ex-chief of staff Mark Meadows, once recorded an August 2020 phone conversation with then-House Speaker Nancy Pelosi unbeknownst to the veteran lawmaker and her staff. When I did not immediately do as he asked, he turned on his own phone's recorder before calling Speaker Pelosi to discuss a COVID-related issue."

Persons: Cassidy Hutchinson, Meadows, Pelosi, Hutchinson, —, Mark Meadows, Nancy Pelosi, he'd, Mark, Hutchinson . Hutchinson, Trump Organizations: Service, Trump White House, West, Secret Service, Capitol, White Locations: Hutchinson, Meadows

☆ Secret Services ends White House cocaine investigation with no leads
▼ + stars: | 2023-07-13 | by ( Kelly O'Donnell | Rebecca Shabad | ) www.cnbc.com time to read: +6 min

The Secret Service investigation has concluded with no usable forensic or video evidence to identify the individual responsible, three Secret Service officials familiar with the investigation tell NBC News. The Secret Service received results Wednesday from tests conducted by the FBI, "which did not develop latent fingerprints and insufficient DNA was present for investigative comparisons," according to an official statement from the Secret Service released Thursday. "The presence of illegal drugs in the White House is unacceptable and a shameful moment in the White House's history." White House officials noted the Biden family was not at the White House when the cocaine was discovered; the president and his family had left for Camp David for the holiday weekend Friday and did not return to the White House until Tuesday, July 4th, after the cocaine had been discovered. The individuals were notified they could not bring the marijuana to the White House campus, the officials said.

Persons: Biden, Jake Sullivan, Karine Jean, Pierre, Jean, James Comer, Kimberly Cheatle, Comer, Camp David, Pierre said, it's Organizations: Service Police, Lafayette, Service, NBC, White, FBI, NBC News, Homeland, Capitol, West, Wing, West Wing, District of Columbia Fire Department, Department of Homeland, Camp, Secret Services, Washington , D.C, White House Locations: Washington ,, Ky, Fort Detrick , Maryland

☆ Inside a debt ceiling standoff ‘far more dangerous than people will recognize’
▼ + stars: | 2023-05-31 | by ( Jeremy Diamond Lauren Fox Melanie Zanona Phil Mattingly Arlette Saenz Kevin Liptak | Jeremy Diamond | Lauren Fox | ) edition.cnn.com time to read: +17 min

“She’s well respected by both sides,” McCarthy said of the former longtime House Appropriations Committee staffer, according to White House officials. “Asking me about the communication (with the White House) implies there was communication,” one House Democrat said. For the White House negotiators, that meant late nights and early mornings. The White House negotiators left Capitol Hill abruptly and for hours, it was unclear when the conversations would resume. Quietly, White House negotiators had never actually stopped talking to their Republican counterparts.

Persons: Joe Biden, Kevin McCarthy, McCarthy, “, “ You’ve, ” Rep, Patrick McHenry, Biden, Steve Ricchetti, Shalanda Young, Louisa Terrell, ” McCarthy, James S, Alex Wong, Young, Garret Graves, ” Graves, Graves, Tom Cole of, ” Cole, White, Jeff Zients, McHenry, ‘, Chuck Schumer, Hakeem Jeffries, Ricchetti, ”, ” Terrell, Dan Meyer, –, apprised, decamping, ’, Anna Moneymaker, nonstarters, ” McHenry, McHenry –, —, Susan Walsh, businesslike, Biden’s, Eisenhower, Zients, Jose Luis Magana, Young –, Louisianans –, Jim Clyburn, Clyburn, Annie Kuster, ” Kuster, wasn’t, ” Young Organizations: CNN, White, ”, Republican, Legislative, Young, Management, Brady, Capitol, White House, GOP, McCarthy’s, Pennsylvania, Capitol Hill, U.S, Biden, Democrat, Democratic, Republicans, Building, Air Force, West Executive, LSU Tigers, South Carolina Democrat, New Democrat Coalition, Democrats Locations: Irish, Washington , DC, Louisiana, Tom Cole of Oklahoma, McHenry, Hiroshima, Japan, Washington

☆ Southwest Executive Vows Airline Will Overhaul Systems That Failed in Meltdown
▼ + stars: | 2023-02-09 | by ( Alison Sider | ) www.wsj.com time to read: 1 min

A top Southwest Airlines Co. executive told lawmakers Thursday that the airline is working to shore up operations and revamp technology in the wake of its December meltdown. Southwest Chief Operating Officer Andrew Watterson said the airline is working to fix its operation, including implementing a software patch that is set to go into effect Friday, he said. Cash bonuses to executives will be reduced as a result of the upheaval, he said.

WASHINGTON, Feb 9 (Reuters) - Southwest Airlines (LUV.N) on Thursday faced harsh criticism from U.S. senators at a hearing investigating the airline's meltdown that disrupted travel plans for 2 million customers, with one lawmaker calling the situation an "unmitigated disaster." While Southwest cited weather impacts, the union singled out poor preparation and a failure to modernize technology. Democratic Senator Jacky Rosen called it an "unmitigated disaster" that had a "devastating impact on families." Watterson said it has received about 284,000 cases from passengers impacted by meltdown and reimbursed more than 273,000 -- leaving 10,782. Cantwell said Southwest Chief Executive Officer Bob Jordan, who had been invited to the hearing, "didn't want to show up."

WASHINGTON, Feb 9 (Reuters) - Southwest Airlines (LUV.N) faced harsh criticism from U.S. senators at a hearing on Thursday investigating the airline's meltdown that disrupted travel plans for 2 million customers. The airline and its pilot union offered sharply contrasting reasons for the low-cost carrier's massive travel disruptions. While Southwest cited weather impacts, the union singled out poor preparation and a failure to modernize technology. Cantwell said Southwest Chief Executive Officer Bob Jordan, who had been invited to the hearing, "didn't want to show up." The meltdown caused the cancellation of almost 17,000 flights and is estimated to have cost the airline more than $1 billion.

☆ Southwest explains its meltdown to Congress
▼ + stars: | 2023-02-09 | by ( Gregory Wallace | ) edition.cnn.com time to read: +4 min

Washington CNN —Congress is set to receive new evidence Thursday of internal chaos at Southwest Airlines over the Christmas holiday meltdown. The Senate Commerce committee is set to question Southwest executive Andrew Watterson, alongside Southwest pilot union president Casey Murray, Sharon Pinkerton of the Airlines for America trade group, Paul Hudson of Flyers’ Rights, and economist Clifford Winston of The Brookings Institution. It’s a mess down here.”A photograph of the message, which shows the extent of the airline’s breakdown, is included in testimony the Southwest Airlines Pilots Association union, SWAPA, plans to present at the hearing. Southwest CEO Bob Jordan apologized and the airline offered reimbursements for passengers’ costs, along with bonus points. The union criticized the airline for giving executives stock options in the wake of the meltdown while employees lost profit sharing pay because of the airline’s financial hit due to the meltdown.

☆ Southwest pilots detail the Christmas meltdown chaos
▼ + stars: | 2023-02-08 | by ( Gregory Wallace | ) edition.cnn.com time to read: +4 min

CNN —Congress is set to receive new evidence Thursday of internal chaos at Southwest Airlines over the Christmas holiday meltdown. It’s a mess down here.”A photograph of the message, which shows the extent of the airline’s breakdown, is included in testimony the Southwest Airlines Pilots Association union, SWAPA, plans to present at a Senate Commerce committee hearing. “No updates here,” another cockpit computer message to pilots read. Southwest CEO Bob Jordan apologized and the airline offered reimbursements for passengers’ costs, along with bonus points. The union criticized the airline for giving executives stock options in the wake of the meltdown while employees lost profit sharing pay because of the airline’s financial hit due to the meltdown.

☆ Southwest Airlines schedule stabilizes after holiday meltdown but costs are still piling up
▼ + stars: | 2023-01-03 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

Pristine Floyde searches for a friend's suitcase in a baggage holding area for Southwest Airlines at Denver International Airport on December 28, 2022 in Denver, Colorado. Southwest Airlines stabilized its schedule over the weekend after about 16,000 cancellations, but its systemwide holiday meltdown could cost it hundreds of millions of dollars. For comparison, from Dec. 21 through Dec. 29 Southwest had scrubbed about 45% of its operation, a far bigger share than other major airlines, according to FlightAware. Now come two more difficult tasks for Southwest: going through thousands of passenger reimbursement receipts and improving the internal technology that contributed to the meltdown. The Dallas-based airline is scheduled to report results on Jan. 26 but is likely to preview the meltdown's costs before then.

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