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 ...

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

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

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 ...