Elliott Management ousted much of the board at Southwest Airlines, with Gary Kelly announcing his retirement amid broader board turnover.
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Elliot is calling on the company to replace CEO Bob Jordan, revise its board of directors, and conduct a comprehensive business review.
Southwest Airlines executives told Bloomberg that they’ve seen an increase in pilots who apply to the airline.
The data are conclusive – but don’t let it keep you from flying.
The Transportation Security Administration is expecting to screen 30 million passengers between this past Sunday and November 28.
In 2018, Boeing ran into extreme turbulence. In just five months, two 737 MAX crashed in Indonesia and Ethiopia, resulting in 346 deaths.
The asset manager announced annual revenues rose 14%, topping $20 billion for the first time, with record net inflows of $641 billion.
It’s basic Newtonian physics, as Boeing just learned: When the sky falls for a company, so, too, will the bottom line.
The company’s struggle gives us a glimpse into how the wider world of voice assistants is trying to keep up with the technology zeitgest.