Latest in Southwest Airlines Beats
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Business - The New York Times
Southwest Strikes a Truce With the Activist Hedge Fund Elliott
The airline will appoint six new directors to its board, avoiding a proxy fight with the activist investor Elliott Investment Management, one of its largest shareholders.1 hour ago -
Business - CNBC
Southwest and activist investor Elliott strike deal to keep CEO Bob Jordan, add six new directors
Southwest Airlines stuck a deal with activist Elliott which staves off a potential proxy fight in exchange for sizable board representation.2 hours ago -
Business - CNBC
Southwest Airlines profit tops estimates, company expects higher revenue in fourth quarter
Southwest said travel demand remains healthy and it expects unit revenue for the fourth quarter to grow 3.5% to 5.5%.5 hours ago -
Business - CNBC
American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss
American Airlines raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy shift earlier this year is paying off.5 hours ago -
Business - The New York Times
Boeing Email to Ethiopian Airlines Sheds Light on a Crash
Newly revealed correspondence indicates that a Boeing senior official counseled that the company could answer a pilot’s safety questions, but it did not.1 hour ago -
Business - MarketWatch
Southwest Airlines beats on revenue by a wide margin, names new board members
Southwest reported a relatively big revenue beat and reached an agreement with activist investor Elliott to add new board members.5 hours ago -
Business - MarketWatch
American Airlines reports big profit beat and best load factor in 11 years
American Airlines beat earnings expectations and raised its full-year outlook, as load factor improved to the highest level seen in 11 years.5 hours ago - Travel -
Politics - The Hill
American Airlines fined $50M over wheelchair access, damage
The Department of Transportation (DOT) issued a $50 million penalty to American Airlines on Wednesday for mistreating passengers with disabilities. The agency alleges the company provided improper ...Yesterday - Travel -
Business - The Wall Street Journal
Frontier, Spirit Airlines Revive Merger Talks
The carriers have held early-stage deal discussions, as Spirit continues negotiations with bondholders over possible bankruptcy terms.Yesterday - Travel -
Business - MarketWatch
American Airlines to pay $50 million penalty for mistreatment of disabled fliers
American Airlines’ stock falls after $50 million settlement with DOT over mistreatment of disabled passengers.Yesterday - Travel -
Top stories - NBC News
American Airlines fined $50M for violating disability laws
The U.S. Department of Transportation on Wednesday announced a $50 million fine against American Airlines for its alleged mistreatment of passengers with disabilities, which the department said in ...Yesterday - Travel -
Top stories - BBC News
US airline pilot caught with stun gun at Edinburgh Airport
Ryan Cecil was fined £8,500 after claiming he accidentally left the weapon in his luggage.Yesterday -
Top stories - The New York Times
American Airlines Fined $50 Million for Treatment of Disabled Travelers Using Wheelchairs
The Transportation Department issued the fine after an investigation revealed “cases of unsafe physical assistance that at times resulted in injuries and undignified treatment of wheelchair users.”Yesterday - Travel -
Business - The Wall Street Journal
American Airlines Fined $50 Million Over Treatment of Passengers With Disabilities
The carrier said its mishandling rate for wheelchairs and scooters has dropped by 20% in recent years as it invests in new equipment and practices.Yesterday - Travel -
World - ABC News
The little airline that could — Lebanon's national carrier braves Israeli airstrikes
Since Israel began bombarding Beirut’s southern suburbs in its war against Hezbollah militants, Lebanon’s national air carrier has become a local icon simply by continuing to do its jobYesterday - Israel -
Business - MarketWatch
Frontier reportedly considering renewed merger talks with Spirit Airlines
More than two years after a merger deal fell apart, Frontier Airlines is considering another run at acquiring Spirit Airlines, the Wall Street Journal reported Tuesday night.Yesterday -
Top stories - CBS News
American Airlines' message to boarding group cheats: Wait your turn.
American Airlines is testing a new tool to stop passengers from boarding flights ahead of their assigned group.2 days ago -
Top stories - NBC News
A mysterious spate of bomb threats is crippling India's airlines
India vowed to punish those responsible for hoax bomb threats that have disrupted dozens of flights and caused airlines huge financial losses.2 days ago - Travel -
World - The Guardian
India’s airline industry in chaos after 90 hoax bomb threats in a week
Authorities yet to uncover source and motive of surge in fake bomb threats, as dozens of planes forced to reroute. A reported 90 hoax bomb threats have been made against Indian airlines in the past ...3 days ago - India -
Business - MarketWatch
Elliott may get Southwest board seats under potential settlement, reports say
Activist investor Elliott Investment Management and Southwest Airlines are in talks to settle their months-long battle, according to reports Sunday, with a potential deal that would give Elliott ...3 days ago -
Business - CNBC
Elliott, Southwest in early settlement talks for significant board representation, sources say
Southwest reports third quarter results before the market opens on Thursday.4 days ago -
World - Financial Times
Airlines bet on food and art to lure flyers back to ageing premium cabins
New perks offered while better planes and seats remain grounded from supply chain disruptions5 days ago - Travel -
Top stories - NBC News
American Airlines jet and small plane in close call
An American Airlines Boeing 737 and s small Cessna plane came within 400 feet of each other in Austin, Texas, forcing the jet to take evasive action to avoid a collision. NBC News' Stephanie Gosk ...5 days ago - Travel -
Business - CNBC
Spirit Airlines extends debt refinancing deadline hours before expiration
Spirit Airlines on Friday again extended a deadline with its credit card processor to renegotiate more than $1 billion in debt.5 days ago - Travel -
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Business - CNBC
United shares hit pre-pandemic high after airline forecasts strong finish to 2024, plans buyback
United Airlines said it authorized a $1.5 billion share buyback, its first share repurchase since before the Covid-19 pandemic.October 16 -
Sports - Yahoo Sports
Fantasy Basketball Preview: Southwest Division
Fantasy basketball analyst Dan Titus previews the Southwest Division ahead of the 2024-25 NBA season.October 16 - Fantasy Football -
Business - MarketWatch
United Airlines sheds unprofitable capacity in better-than-expected quarter
Revenue from basic economy seats shot up 20% at United.October 16 -
Business - Inc.
Elliot Nominates Eight Directors as Southwest Fight Goes to Shareholders
The activist hedge fund takes aim at the carrier’s board and leadership with a call for a special shareholder meeting.October 15 -
Business - The Wall Street Journal
The Ultimate Southwest Insider Tasked With Reinventing the Airline
CEO Bob Jordan plans big changes at the budget carrier, but activist Elliott has called for his ouster and is seeking help from shareholders.October 14 -
Business - MarketWatch
Southwest’s stock falls after activist calls special meeting to elect new board
Southwest Airlines’ stock took a turn lower Monday, after activist investor Elliott Investment Management called for a special meeting to give shareholders a chance to elect “a completely ...October 14 -
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Business - CNBC
Elliott asks for December special meeting at Southwest Airlines, cuts board slate to 8
Activist investor Elliott Management has requested a Dec. 10 special meeting date at Southwest Airlines, as it seeks to oust CEO Bob Jordan.October 14 -
Top stories - NBC News
Trump or Harris? Here are the 2024 stakes for airlines, banks, EVs, health care and more
With the U.S. election less than a month away, the country and its corporations are staring down two drastically different options.October 13 - Donald Trump