Quantcast

Southwest Airlines shareholders approve board members after Elliott agreement

Alaska Airlines flight attendants reject new contract, union says there's 'more work to do'
Elliott Investment To Push For 10 New Boardroom Directors At Southwest Airlines
Alaska Air Backs JetZero Blended-Wing Design
AI in Aviation Line Maintenance: A Strategic Response to Delays, Satisfaction, and Staffing Challenges
VistaJet Flight Brings Home Americans in Prisoner Swap
Air Canada Blames Paris Olympics On Decreased Profits
Delta passengers sue airline over refund refusals after CrowdStrike meltdown
Microsoft fires back at Delta after massive outage, says airline declined ‘repeated’ offers for help
Korean Air Confirms A Spacious Lounge Is Coming To The New Terminal One at New York JFK
VAS Aero Services to Acquire an Additional 17 Airbus A320 Airframes, Bringing to 23 the Total Number of A320s Slated for Teardown and Harvested Parts Redistribution
Delta CEO says CrowdStrike-Microsoft outage cost the airline $500 million
Boeing Reports $16.9 Billion In Revenue For 2nd Quarter With 5,400 Commercial Aircraft Backlog
United Airlines says flight attendant in Terrell Davis incident is no longer employed and NFL legend’s ‘no fly’ ban is lifted | CNN
Nepal Plane Crash Kills 18 After Takeoff - Airline Ratings
Southwest Airlines is getting rid of open seating | CNN Business
CrowdStrike Outage Caused 10% Spike in Air Charter
Aircraft Engine Maintenance and Repair to Peak in 2026, Worsening Capacity Shortage for Commercial Aviation, Says Bain & Company
Joby’s Electric Air Taxi Makes European Debut
The National Right to Work Legal Defense Foundation announces NLRB-scheduled vote to remove union officials
Families recount the horror of MH17 ten years on - Airline Ratings
777-9 Enters Certification Flight Testing - AVweb
Kompass Kapital Sets New Course with Airshare Investment
SATS, SIA Engineering Company and Changi Airport Group to Trial Autonomous Buses at Changi Airport
Qatar Airways Landing An A350 In Hamburg Makes A Powerful Statement - Airline Ratings
EBAA Backs Dassault's Sustainability Lawsuit against European Commission | AIN
American Airlines Now Lets You Earn And Spend Miles On Concerts And Events
Boeing agrees to plead guilty to defrauding the FAA but escapes punishment sought by victims’ families | CNN Business
IATA partners with Aviation Sustainability Forum to tackle cabin waste
Qatar Airways In Talks To Buy 20% Of Virgin Australia - Airline Ratings
Boeing Will Buy Spirit AeroSystems For $4.7 Billion In Stock & Airbus Enters $559 Million Agreement For Its Parts
Southwest Airlines shareholders approve board members after Elliott agreement
Policy
Webp messenger creation 40658f5a 0d96 4214 8f08 cfe806753df2
Robert E Jordan CEO of Southwest Airlines | Southwest Airlines

Southwest Airlines announced the results of its annual shareholder meeting, confirming that all nominated board members, including five appointed following an agreement with Elliott Investment Management, were approved. The airline also revised its bylaws in line with the Texas Business Organizations Code.

The airline's President and CEO, Bob Jordan, received 21.3 million votes against his reappointment but was still supported by 405 million votes. The shareholders also endorsed the executive compensation plan and ratified Ernst & Young as independent auditors while rejecting a proposed clawback policy.

Elliott Investment Management began acquiring shares in Southwest Airlines in 2024, aiming for a significant stake and proposing changes to improve stock prices. After negotiations, Elliott secured five board seats on November 1, 2024.

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

In related developments, Ryan Green, named Chief Transformation Officer recently, will leave the company on April 1. During an Investor Day presentation in September, Green highlighted customer awareness of Southwest's "bags fly free" policy. However, the airline plans to discontinue this policy.

Other significant changes include the introduction of new fare products and adjustments to Rapid Reward points for low-paying customers.

Organizations Included in this History
More News

Emirates has successfully retrieved a Boeing 777-300ER that was stranded in Iran for nearly a month due to regional tensions.

Jul 14, 2025

The United States Air Force (USAF) has unveiled its fiscal year 2026 budgetary request, which includes plans to acquire more Boeing KC-46A Pegasus airborne tankers.

Jul 14, 2025

Airbus has announced the appointment of Lars Wagner as the new Chief Executive of its Commercial Aircraft division.

Jul 14, 2025

Asiana Airlines is set to reintroduce the Airbus A380 on its route between Seoul Incheon and Frankfurt, replacing the smaller A350 aircraft.

Jul 14, 2025

The International Association of Machinists (IAM) in District 837 has entered a new phase of negotiations with Boeing.

Jul 14, 2025

Airbus has experienced a shift in its A350F order backlog.

Jul 14, 2025