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IndiGo Co-Founder & Southwest Airlines Director Buys $100 Million More Stock Opposing Elliott's Push For Management Change
Rakesh Gangwal, co-founder of IndiGo and a board of directors member at Southwest Airlines, had gone on a shopping spree to acquire the latter airlineâs shares, with the director now owning over 3.6 million of common shares of Southwest Airlines.
Southwest director buys 3.6 million shares, opposes more leadership changes
Southwest Airlines Director Rakesh Gangwal, who was picked by the company to join its board amid growing pressure from an activist investor, bought more than $100 million in stock and said on Wednesday more top level leadership changes would be "counterproductive.
A Southwest Airlines director bought $100 million in stock to fight activist investor Elliott
Southwest Airlines (LUV) just got a big endorsement of its turnaround plan — from the inside. Reuters reports that board of directors member Rakesh Gangwal, the founder of the Indian budget airline Indigo,
Southwest Airlines Director Buys $107 Million of Stock, Backs Leadership
Director Rakesh Gangwal just bought 3.6 million Southwest shares, and says that more changes “would be counterproductive and not in the best interest of shareholders.”
Southwest Director Loads Up Shares Worth $100M Amid Activist Pressure
Rakesh Gangwal, director of Southwest Airlines ($LUV), has amassed shares worth $100 million in the past few trading sessions amid activist
Southwest new director Gangwal buys $100M stock, urges no more leadership shifts
Southwest Airlines (NYSE:LUV) board member Rakesh Gangwal, appointed during increased pressure from activist investor Elliott Investment Management, recently purchased over $100 million worth of company stock,
Southwest Airlines gains after a key board member invests $107M, backs current management
Southwest Airlines Co. (NYSE:LUV) pushed higher in premarket trading on Thursday after the airline company disclosed some insider buying action. Director Rakesh Gangwal bought 3,600,000 shares worth about $106.
19h
on MSN
Indigo pilot refuses to take-off saying duty hours over, flight delayed by 5 hours
An Indigo flight from Pune to Bengaluru was delayed by five hours after the pilot refused to take off, citing the end of his ...
17h
IndiGo Pilot Refuses To Fly Due To Limited Working Hours Triggering Passengers; Video Surfaces
The incident reportedly occurred on September 24 but gained attention recently when footage from inside the cabin went viral ...
onmanorama
15h
Why did the Pune-Bengaluru Indigo pilot refuse to fly, delaying the flight? And is he to blame?
The incident came to the limelight after an X user recently shared video clips of furious passengers talking to the crew ...
english.mathrubhumi
16h
IndiGo pilot refuses to fly, slams cockpit door before passengers | Watch
In the viral video, a passenger requests the pilot to come out and explain the situation, but he simply responds by closing ...
3d
Indigo Mastercard Review: Designed for Poor Credit, but Loaded With Hidden Fees
The Indigo Mastercard can help you build credit, but there are better cards for bad credit. Find out what Indigo Mastercard ...
8h
on MSN
Delhi aerotrain plan 2027 syncs with IndiGo’s widebody aircraft induction
The development is a blessing for IndiGo and looks more like a tacit understanding, which was in place before the A350s were ...
7h
IndiGo's Gangwal buys $100 million stake in Southwest
Rakesh Gangwal, co-founder of IndiGo, purchased $100 million worth of Southwest shares, between $29 and $30 each, following a ...
Santa Barbara Independent
2d
Review | Indigo Girls Still Have Much to Teach Us
“What a beautiful night. We’re so happy to be here with Amos Lee and all of you people,” greeted Emily Saliers of the Indigo ...
7d
Pro-Palestinian advocates protest at Indigo stores in Toronto
Protesters gathered outside Indigo stores in Toronto on Wednesday to advocate for a boycott over CEO Heather Reisman's ...
18h
IndiGo launches new daily Pune-Bhopal flight
IndiGo announced a new daily direct flight between Pune and Bhopal starting October 27, enhancing regional connectivity. This ...
3d
on MSN
‘Boarding chalu karao’: Angry Indigo passengers scream at staff over flight delay. Viral video
An undated video shows enraged Indigo passengers screaming at ground staff over a long delay in take-off. The scene, ...
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