Under assault from activist hedge fund Elliott Capital Management, the carrier's executives told a shareholder meeting that ...

Southwest Airlines executives on Thursday unveiled their vision for Southwest 2.0, an airline that for the first time will give passengers assigned<a class="excerpt-read-more" href=" More ...

HOUSTON (Reuters) - Financial firm Elliott Investment Management's conditional offer for shares was accepted by a U.S. court ...

Elliott Investment Management's conditional offer for Citgo Petroleum shares has been accepted by a U.S. court officer. The auction, which determines future ownership, is complicated by claims from ...

More than 300 pilots and flight attendants will lose their jobs, and Southwest Airlines is ending its open seating policy as part of major cuts, the company announced.