Investment firm’s $1.9 billion stake in Southwest could spell doom for CEO

  • 📰 dcexaminer
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 94%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Elliott Investment Management's involvement in Southwest could mean CEO Robert Jordan is scrambling to find a seat with a new company.

in January have hindered Southwest’s expansion efforts. Out of the previously expected 79 new aircraft, the airline now foresees only 20 new Boeing deliveries this year.

A traveler heads away from the check-in counters for Southwest Airlines on Tuesday, April 16, 2024, at Denver International Airport in Denver.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elliott Investment adquiere participación en Southwest y desea destituir al CEOLa firma de inversiones Elliott Investment Management ha comprado una participación de 1.900 millones de dólares en Southwest Airlines y busca destituir al CEO de la aerolínea, que ha enfrentado problemas operativos y financieros.
Source: sdut - 🏆 5. / 95 Read more »

Investment firm takes $1.9 billion stake in Southwest Airlines and wants to oust the CEOActivist shareholder Elliott Investment Management has bought a $1.9 billion stake in Southwest Airlines and is seeking to force out the CEO of the airline, which has struggled with operational and financial problems.
Source: WashTimes - 🏆 235. / 63 Read more »