Southwest Airlines Co. (LUV) has reported a second-quarter profit that exceeded analysts’ expectations, revealing a significant shift in the airline’s traditional business model. The carrier announced plans to introduce both assigned and premium seating options …
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Southwest Airlines Faces Activist Pressure as Elliott Targets Leadership and Business Strategy
Southwest Airlines is facing pressure from activist investor Elliott Management, which has taken a $1.9 billion stake in the company and is demanding a change in leadership and a strategic review of its operations. While …
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