文章核心观点 - 对冲基金Elliott Investment Management持有超过10%的Southwest Airlines股份,有权召开特别股东大会 [1][2] - Elliott批评Southwest公司管理层表现不佳,提名10名董事会成员 [2][3] - Southwest公司采取"毒丸"防御措施,拒绝Elliott的改革要求 [3] 公司概况 - Southwest Airlines是一家主要经营航空运输业务的公司 [1] - 公司股价年初至今基本持平,在周二有1.3%的涨幅 [3] 投资者行动 - Elliott Investment Management持有超过6100万股Southwest Airlines股票,占比超过10% [1] - Elliott批评Southwest公司管理层表现不佳,要求进行改革 [2][3] - Elliott计划与Southwest公司代表于9月9日进行会谈,希望获得董事会成员的支持 [3] - Southwest公司采取"毒丸"防御措施,拒绝Elliott的改革要求 [3]

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Shares of Dallas, TX-based airline heavyweight Southwest Airlines Co. (LUV) ) have not had a good time on the bourses of late, declining in double-digits over the past 180 days. The disappointing price performance resulted in LUV underperforming its industry in the said time frame as well as the S&P 500, of which the airline is a key member. Additionally, LUV’s price performance compares unfavorably with that of fellow U.S. airline operators United Airlines (UAL) and Alaska Air Group, Inc. (ALK) in the same ...

Activist hedge fund Elliott Investment Management doubled down on its calls to turn over Southwest Airlines leadership in a letter to shareholders. Elliott, headed by billionaire investor Paul Singer, has gained a reputation for turning around downtrodden companies with a sometimes aggressive approach. Most recently, the firm was integral in pushing out Starbucks CEO Laxman Narasimhan and appointing Brian Niccol, the former Chipotle boss who led the chain’s shares skyward.  4 Activist investor Elliott Inv ...

Southwest Airlines airplanes negotiate gates at BWI in October 2021. (Photo by Kevin Dietsch)Getty ImagesThere’s no question that Oscar Munoz was good for United Airlines. He came in as CEO at a tough time, fixed problems, and then did what many executives cannot: he managed succession well. Munoz hired Scott Kirby soon after Kirby was fired by American. Then Kirby put United in a spot where most people in the airline industry think it is now better than American.On Thursday, in Fortune magazine, Munoz argu ...

Airline adds nonstop international service between Nashville and both Punta Cana and Cabo San Lucas/Los Cabos and between Sacramento and Puerto Vallarta beginning March 8, 2025*Increases flights to support fans traveling for fall football matchupsContinues strengthening network with new seasonal and redeye service DALLAS, Aug. 22, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) extended its flight schedule today, allowing Customers to book travel through April 7, 2025. The airline is offering Custom ...

Southwest Airlines TodayLUVSouthwest Airlines$26.52 -0.21 (-0.79%) 52-Week Range$21.91▼$35.18Dividend Yield2.71%P/E Ratio42.10Price Target$28.38Add to WatchlistThe country’s largest regional airline, Southwest Airlines Co. NYSE: LUV, shares are rising as famed activist investor Elliott Management seeks to replace the company's leaders through a proxy war. Elliott made headlines recently after Starbucks Co. NASDAQ: SBUX pulled a coup by hiring Chipotle Mexican Grill Inc. NYSE: CMG CEO Brian Niccol to be its ...

文章核心观点 - Southwest航空公司CEO Bob Jordan正在努力获得投资者的支持,同时也在为由Elliott Investment发起的代理人战斗做准备 [1][2][3][4] - Elliott Investment是一家以激进方式改变陷入困境公司的对冲基金,他们计划在股东大会上推翻10名董事会成员,并撤换Jordan和董事长Gary Kelly [3][5][6] - Southwest面临高昂的运营成本和较低的单位收益,导致其利润率大幅下降,与同行相比表现较差 [9] - 为应对这一局面,Southwest公司已经做出一些改变,如取消固定座位制度并计划推出高级舱位 [10] - Elliott Investment预计其改革计划将使Southwest股价在一年内上涨超过85%至每股49美元,但尚未公开具体细节 [15] 公司概况 - Southwest是一家低成本航空公司,以其品牌形象和定价策略在业内树立了地位 [8] - 公司一直依赖波音飞机,受到监管部门对波音安全问题的严格审查的影响 [9] - 与高端航空公司的价格战使Southwest在竞争中处于劣势 [9] 行业分析 - 同行Delta和United的营业利润率分别为9.5%和7.4%,而Southwest仅为0.2% [9] - 航空公司普遍面临运营成本上升和单位收益增长乏力的挑战 [9][10] - 激进投资者对行业内公司管理层和战略的不满情绪较高 [5][6][13]

Activist hedge fund Elliott Investment Management has launched a battle to seize control of the board at Southwest Airlines as it pushes to oust the airline’s chief executive and improve performance, the firm said.Elliot seeks to replace 10 of 15 directors, escalating a proxy fight over who should lead the airline and how it should change. The board nominees by the firm include transportation and airline bigwigs like Michael Cawley, a former Ryanair executive; David Cush, Virgin Air’s former CEO; Robert Mil ...

Key TakeawaysElliott Investment Management says it intends to nominate 10 directors to Southwest Airlines' 15-person board.Elliott, which manages funds that own around 11% of the Dallas-based airline, has been fighting to change the board and leadership at the carrier.Southwest said it will evaluate Elliott's director nominees as "part of its ongoing board refreshment process." Its shares were little changed in morning trading. Elliott Investment Management is preparing to launch a fight for control for co ...