Southwest Airlines Co
Boeing CEO heads to Senate hearing over safety and manufacturing crises
Dave Calhoun, CEO of Boeing, leaves a meeting with Sen. Dan Sullivan, R-Alaska, in Hart Building, on Wednesday, January 24, 2024. Calhoun was meeting with senators about recent safety issues including the grounding of the 737 MAX 9 planes. Tom Williams | Cq-roll Call, Inc. | Getty Images Boeing CEO Dave Calhoun will testify before […]
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Top Southwest shareholder signals support for Elliott Management’s activist campaign
Southwest Airlines CEO Bob Jordan speaks as he is interviewed by CNBC outside the New York Stock Exchange on Dec. 9, 2021. Brendan McDermid | Reuters A top Southwest Airlines shareholder on Wednesday signaled its support for Elliott Management’s activist campaign to oust CEO Bob Jordan and Executive Chairman Gary Kelly, as the carrier struggles […]
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Southwest CEO vows change as activist investor pushes for new leadership
A Southwest commercial airliner takes off from Las Vegas on Feb. 8, 2024. Mike Blake | Reuters Southwest Airlines CEO Bob Jordan said the company is ready to adapt to changing customer trends like premium seating as pressure from an activist investor mounts. “We will adapt as our customers’ needs adapt,” Jordan said at an […]
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Stocks making the biggest moves midday: Affirm, General Motors, Apple and more
Check out the companies making headlines in midday trading. Affirm Holdings – The stock popped nearly 7% following the announcement that its buy now, pay later loans will be embedded into Apple Pay as an option for purchases. U.S. Apple Pay users on iPhones and iPads will be able to use the option later this […]
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Delta to launch premium economy service on NYC-LA flights in air travel upsell race
A Boeing 767 passenger aircraft of Delta Air Lines arrives from Dublin at JFK International Airport in New York as the Manhattan skyline looms in the background on Feb. 7, 2024. Charly Triballeau | Afp | Getty Images Delta Air Lines said Monday that it will bring its premium economy service to transcontinental flights in […]
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Shares making the largest moves midday: Southwest Airlines, GameStop, Highly developed Micro Gadgets and much more
Test out the providers earning headlines in midday buying and selling: Southwest Airways — The inventory rose 9% following activist hedge fund Elliott Management amassed a $1.9 billion stake in Southwest Airways. The firm seeks to switch Southwest CEO Bob Jordan and Chairman Gary Kelly. GameStop — The meme stock slipped nearly 15% in volatile […]
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Elliott takes $1.9 billion stake in Southwest Airlines, seeks to oust CEO and chair
A Southwest Airlines jet comes in for a landing at Laguardia Airport in New York City, New York, U.S., January 11, 2023. Mike Segar | Reuters Activist hedge fund Elliott Management has amassed a $1.9 billion stake in Southwest Airlines and plans to push for leadership changes at the airline that has lagged big rivals. Elliott is seeking to […]
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Stocks generating the greatest moves premarket: DraftKings, Carvana, Southwest Airways, World Health and fitness and more
Check out the corporations earning headlines in premarket buying and selling. KKR , CrowdStrike , GoDaddy — Shares of KKR climbed extra than 8%, though CrowdStrike and GoDaddy extra 6% and 3%, respectively. All 3 providers will be a part of the S & P 500 on June 24, as section of the index’s quarterly […]
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Here are the top 25 airlines in the world, according to AirlineRatings.com
Qatar Airways is 2024’s “Airline of the Year,” according to AirlineRatings.com. The Doha-based airline is back on top, after falling to No. 2, behind Air New Zealand, in 2023. The list combines major safety and government audits with 12 key criteria, from product ratings and passenger reviews to safety, fleet age and incident reports, according […]
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Boeing’s 90 days to hand in a safety plan to the FAA are up. Here’s what to expect
Boeing 737 Max 8 fuselages manufactured by Spirit Aerosystems in Wichita, Kansas are transported on a BSNF train heading west over the Bozeman Pass March 12, 2019 in Bozeman, Montana. William Campbell | Corbis News | Getty Images Boeing CEO Dave Calhoun and other top company leaders are scheduled to meet with the Federal Aviation […]
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