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Top related persons:
Elliott - 2 — - 1 Elliot - 1 Raymond James - 1 Savanthi Syth - 1 ” - 1 Bob Jordan - 1
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New York ” Florida Softbank
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Elliott Investment Management - 2 Service - 1 Airlines - 1 Business - 1 Southwest - 1 Elliott Management - 1 Texas Instruments - 1 New - 1

Search resuls for: "Southwest Board"


3 mentions found


☆ An activist investor with a new $1.9 billion stake in Southwest is calling for big changes at the airline
  + stars: | 2024-06-10 | by ( Taylor Rains | ) www.businessinsider.com   time to read: +4 min
However, Elliott Investment Management said Monday that the airline's decades-old strategies weren't working in modern times, and it's calling for a management and board-of-directors overhaul as part of a plan it's calling "Stronger Southwest." This story is available exclusively to Business Insider subscribers. Elliott said Southwest leadership had a "rigid commitment" to the model it dreamed up decades ago, blaming that for today's shortcomings. Elliott Management, which oversees $66 billion in assets, is one of the world's most feared activist hedge funds. "The significant investment we have made reflects our conviction that, with the right leadership, Southwest can regain its status as an industry-leading airline."
Persons: —, Elliott, Elliot, Raymond James, Savanthi Syth Organizations: Service, Airlines, Elliott Investment Management, Business, Southwest, Elliott Management, Texas Instruments
☆ Activist investor takes $1.9 billion stake in Southwest Airlines, calls for leadership changes
  + stars: | 2024-06-10 | by ( Chris Isidore | ) edition.cnn.com   time to read: +3 min
New York CNN —Elliott Investment Management announced Monday it has taken a $1.9 billion stake in Southwest Airlines and said there needs to be new leadership at the Dallas-based carrier. Southwest (LUV) stock gained more than 6% in trading Monday on the news of Elliott’s letter to the Southwest Board. Ellioitt’s letter made no mention of a desire to change Southwest from an all-737 fleet, which would increase the cost of pilot training and spare parts. Its letter does not give details about the changes it wants to see, other than a change in leadership at the airline. CEO Bob Jordan told investors last month that the airline is “seriously studying” a possible change to that policy.
Persons: ”, Elliott, Bob Jordan Organizations: New, New York CNN, Elliott Investment Management, Southwest Airlines, Dallas, Southwest Board, Boeing, Department of Transportation, Texas, Johnson Controls Locations: New York, ” Florida, Softbank
☆ 3 reasons why we hate the process of boarding planes according to an airline satisfaction expert
  + stars: | 2023-04-14 | by ( Bianca Giacobone | ) www.businessinsider.com   time to read: +4 min
Power, the speed of boarding has only a partial impact on passengers' satisfaction. "Most economy passengers like Southwest boarding process the best, because it seems more egalitarian," Taylor explained. "There's a high correlation between the people skills of an airline and how people like their boarding process," Taylor said. "It's the deadline pressure that reduces satisfaction," Taylor explained. Customer satisfaction, Taylor said, is rarely about how fast you can get something done.
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