Sign in Subscribe

Southwest Airlines

Activist investor secures five Southwest board seats to give up proxy fight

Activist investor secures five Southwest board seats to give up proxy fight

As covered in the Journal and everywhere travel related, Southwest Airlines negotiated a settlement with Elliott Investment Management, ending a four-month standoff headed to a proxy fight. Elliott secured five board seats: * Pierre Breber, former CFO of Chevron (Delta bought a refinery, which hedges fuel prices 40 to 50 percent

Frontier, Spirit, and JetBlue challenge beyond-perimeter slot awards at DCA

Frontier, Spirit, and JetBlue challenge beyond-perimeter slot awards at DCA

Frontier, Spirit, and JetBlue Airlines filed objections this week to Transportation’s tentative award of new slots at Washington National Airport (DCA) to American, Delta, Alaska, Southwest, and United. These were included in this year’s FAA reauthorization are exempt from DCA's 1,250-mile perimeter rule. The goal

U.S. airlines largely on-time in September 2024

U.S. airlines largely on-time in September 2024

As tipped by View from the Wing, U.S. airlines saw a significant improvement in on-time performance in September, with Delta leading with nearly 88% of its flights on schedule, according to Cirium data. United Airlines followed closely, with Southwest and American Airlines rounding out the top four. Even JetBlue