The move, including service enhancements and share buybacks, came after the hedge fund Elliott Management called for cost ...

Leaders of Southwest Airlines are set to explain Thursday how they plan to remodel the airline to change with consumer tastes ...

Southwest Airlines pitched a new vision at the company’s investor day on Thursday morning as part of a bid to placate the ...

Elliott Investment Management told shareholders Tuesday it is ready to go to a proxy fight with Southwest Airlines.

The airline also said that a third-quarter revenue ratio will rise by up to 3% instead of being between flat and down 2%, ...

The company says its business plan will rake in an additional $4 billion in earnings before interest and taxes by 2027.

Southwest Airlines presented a thorough transformation plan, but failed to impress main shareholder and most vocal critic of ...

Southwest Airlines Thursday authorized $2.5 billion for stock buybacks to defeat a bid from activist shareholder hedge fund Elliot Management. Southwest shares rose roughly 10% on news of the action.

Southwest Airlines executives on Thursday unveiled their vision for Southwest 2.0, an airline that for the first time will give passengers assigned seats, charge them extra for more legroom and offer ...

Southwest Airlines announced changes to its board ... Southwest's independent directors held a meeting with Elliott. The hedge fund, which holds 10% of Southwest's common stock, has threatened ...

Elliott Investment Management, a hedge fund urging Southwest Airlines to dump its CEO and chairman, said Tuesday it has ...