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

Representatives with Elliott Investment Management, the Florida-based hedge fund that has accumulated a 11% stake in ...

Elliott Investment Management LP, the Florida-based hedge fund that has accumulated a 11% stake in Southwest Airlines and ...

The move, including service enhancements and share buybacks, came after the hedge fund Elliott Management called for cost ...

Leaders of Southwest Airlines are set to explain Thursday how they plan to remodel the airline to change with consumer tastes ...

The changes come two days after Elliott threatened to call a special meeting as it tries to push CEO Bob Jordan out.

Elliott Investment Management told shareholders Tuesday it is ready to go to a proxy fight with Southwest Airlines.

Southwest Airlines leaders say they will provide more details about their plan to change the airline and increase profits ...

The company says its business plan will rake in an additional $4 billion in earnings before interest and taxes by 2027.

Southwest Airlines Thursday authorized $2.5 billion for stock buybacks to defeat a bid from activist shareholder hedge fund Elliot Management. Southwest shares rose roughly 10% on news of the action.

Southwest Airlines executives on Thursday unveiled their vision for Southwest 2.0, an airline that for the first time will give passengers assigned seats, charge them extra for more legroom and offer ...

Southwest Airlines has unveiled its plan that gives passengers assigned seats, charges extra for more legroom and offers red-eye flights — but bags still fly free.