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Southwest Airlines settlement, restructures board leadership
Southwest Airlines has reached a settlement with activist investor Elliott Investment Management after months of negotiations.
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Southwest Airlines reaches settlement with Elliott, restructures board leadership
After months of an ongoing battle, Southwest Airlines has reached a settlement with activist investor Elliott Investment Management.
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Department of Transportation hits American Airlines with $50M fine
The U.S. Government fined the airline $50 million over the alleged mistreatment of passengers with disabilities. NBC 5’s Larry Collins has the story.
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Lufthansa fined record $4 million for discriminating against Jewish passengers
German airline Lufthansa was fined $4 million by the U.S. Department of Transportation over allegations it discriminated against Jewish passengers.
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Qantas apologizes after explicit movie airs on every screen during Sydney-Tokyo flight
In the long list of issues with in-flight entertainment, passengers on a recent flight from Sydney to Tokyo may have been exposed to a new one: A sexually explicit movie playing on every screen.
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Southwest Airlines CEO talks one-on-one about airline's future
We’re hearing directly from Southwest Airlines CEO Bob Jordan about big changes coming to Southwest and the ongoing battle over who will lead the airline into the future. Candace Sweat has the one-on-one interview.
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Southwest Airlines outlines new vision to boost profits
More legroom and assigned seats, those are some of the big changes coming to Southwest Airlines. NBC 5’s David Goins reports there’s a bitter power struggle between company leaders and unhappy investors.
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Southwest Airlines releases new changes, investor plan on Thursday
Southwest Airlines announced changes to its customer experience on Thursday in an effort to boost profits. NBC 5’s Alanna Quillen has the details.
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How much will Southwest Airlines change to boost profits? Some details are emerging
Leaders of Southwest Airlines are set to explain Thursday how they plan to remodel the airline to change with consumer tastes — and maybe keep their own jobs.
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Southwest Airlines expected to release new investor plan Thursday
Southwest Airlines is expected to announce changed to its customer experience on Thursday in an effort to boost profits. NBC 5’s Alanna Quillen has the details.
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Southwest Airlines expected to unpack new plans to change business model
Changes are expected at Southwest Airlines after discussions with Elliott Investment Management, an investment management firm. NBC 5’s Alanna Quillen tells us more.
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Major changes expected at Southwest Airlines investor meetings
It’s a big week for Southwest Airlines as they’re expected to officially announce how they plan to switch up a business model that has always set it apart from its competitors.
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JetBlue to open airport lounges in New York and Boston in battle for big spenders
JetBlue joins Delta, American and United in opening airport lounges to cater to high-spending travelers.
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Delta passengers left with bloody noses, ears after severe cabin pressure issues
A spokesperson for the airline said that Flight 1203 from Salt Lake City to Portland, Oregon, was unable to pressurize above 10,000 feet.
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Pilots of an Alaska Airlines jet braked to avoid a possible collision with a Southwest plane
Federal agencies investigating after an Alaska Airlines jet taking off in Nashville braked to a rapid stop to avoid a possible runway collision with a Southwest Airlines plane Thursday.
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Pilots of an Alaska Airlines jet narrowly avoid a possible collision with a Southwest plane
Pilots of an Alaska Airlines jet aborted a takeoff in Nashville to avoid a possible collision with a Southwest Airlines plane.
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Southwest shakes up board after coming under pressure from big shareholder
Southwest Airlines will revamp its board and its chairman will retire next year, but it intends to keep CEO Robert Jordan after a meeting with hedge fund Elliott Investment Management, which has sought a leadership shakeup at the airline including Jordan’s ouster.
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Hedge fund holds meeting Wednesday, puts pressure on Southwest Airlines' management
Elliott Investment Management has acquired enough Southwest stock to call a special meeting of shareholders. NBC 5’s Alanna Quillen tells us more.
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Hedge fund Elliott Investment Management steps up pressure on Southwest Airlines' management
Elliott Investment Management, a hedge fund urging Southwest Airlines to dump its CEO and chairman, said Tuesday it has acquired enough of the company’s stock to call a special meeting of shareholders.
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Hedge fund puts pressure on Southwest Airlines' management
Elliott Investment Management has acquired enough of the company’s stock to call a special meeting of shareholders. NBC 5’s Alanna Quillen tells us more.