Elliott activist campaign at Southwest Airlines puzzles shareholders

Elliott activist campaign at Southwest Airlines puzzles shareholders

Travelers wait to check in at the Southwest Airlines counter at Oakland International Airport in Oakland, California, Dec. 27, 2022. David Paul Morris | Bloomberg | Getty Images After Elliott Management revealed a $1.9 billion stake in Southwest Airlines in June, an initial rally in the stock quickly fizzled. Rather than sparking typical cheer on … Read more

Southwest Airlines faces activist challenge from Elliott

Southwest Airlines faces activist challenge from Elliott

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 … Read more

Here are the world’s top 25 airlines, according to AirlineRatings.com

Here are the world’s top 25 airlines, 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 … Read more

Boeing engine part fell off during Southwest flight takeoff: FAA

Boeing engine part fell off during Southwest flight takeoff: FAA

A Southwest Airlines Boeing 737 MAX 8 arrives at Daniel K. Inouye International Airport on January 20, 2024 in Honolulu, Hawaii.  Kevin Carter | Getty Images A Southwest Airlines flight returned to Denver International Airport Sunday morning after a Boeing engine cowling fell off the plane and struck a wing flap during takeoff, the Federal … Read more

Railroad CSX’s new freight route for Port of Baltimore closure starts Tuesday

Railroad CSX’s new freight route for Port of Baltimore closure starts Tuesday

CSX train at Seagirt Marine Terminal, Port of Baltimore. Baltimore Sun | Tribune News Service | Getty Images CSX is starting a new dedicated freight rail service between Baltimore and New York for its clients on Tuesday to help mitigate the trade disruption as a result of the closure of the Port of Baltimore after … Read more