Southwest was a customer darling. But 'active inertia' hobbled the stock and precipitated a leadership crisis.

The airline will appoint six new directors to its board, avoiding a proxy fight with the activist investor Elliott Investment ...

After weathering recent turbulence, Southwest Airlines (LUV) reported $67 million in third-quarter net income Thursday on ...

Southwest Airlines reported a surprise third-quarter profit on Thursday, benefiting from improved pricing and demand, as well ...

Southwest Airlines will replace several members of its board with candidates pushed by Elliott Investment Management to end a ...

Southwest Airlines Thursday reached an agreement with activist investor Elliot Investment Management to head off a proxy ...

Kelly's retirement and Southwest's appointment of six new board members follow mounting pressure from hedge fund Elliot ...

Southwest Airlines is near a deal with activist Elliott which would stave off a potential proxy fight in exchange for sizable ...

The agreement came as the carrier reported a surprise third-quarter profit, benefiting from improved pricing and demand, as ...

The appointment of the new directors ends Southwest’s months-long battle with Elliott, which was poised to turn into a proxy ...

Southwest’s third-quarter earnings beat Wall Street estimates, a bright spot for the carrier that has been fending off an ...