Southwest
By Svea Herbst-Bayliss NEW YORK (Reuters) -Elliott Investment Management on Monday said in a regulatory filing that it has a 7% beneficial ownership in Southwest Airlines (NYSE:), giving a breakdown of what it owns as it tries to overhaul management and improve financial performance. The 7% beneficial ownership is made…
A Southwest Airlines flight that was diverted after a dangerously low descent was likely down to “pure human error,” aviation experts said.The Boeing 737 Max departed from Columbus, Ohio, on July 14 and was headed to Tampa, Florida.The flight was diverted to Fort Lauderdale after Air Traffic Control (ATC) told…
By Rajesh Kumar Singh and Nathan Gomes (Reuters) -Elliott Investment Management called for leadership and board changes at Southwest Airlines (NYSE:) after reporting a stake worth about $1.9 billion in the U.S. carrier, saying the company needs fresh perspectives to compete in the modern airline industry. Dallas-based Southwest’s shares were…
WASHINGTON (Reuters) – An engine cowling on a Southwest Airlines (NYSE:) Boeing (NYSE:) 737-800 fell off on Sunday during takeoff in Denver and struck the wing flap, prompting the Federal Aviation Administration to open an investigation. Here’s what we know about the incident so far. What is an engine cowling…
