Southwest director buys 3.6 mln 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.
Southwest Director Buys Over $100M In Stock, Wary Of Further Turnover
Southwest Director Buys Over $100M In Stock, Wary Of Further Turnover is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership. Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password
Southwest Airlines rises after billionaire board member buys $108M of shares
Southwest Airlines Co. shares are climbing after board member and billionaire co-founder of InterGlobe Aviation Ltd., Rakesh Gangwal, purchased about $107 million worth of the company’s stock, according to Securities and Exchange Commission filings on Thursday.
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.
Southwest makes key booking change travelers will like
Another major change recently announced by Southwest includes the introduction of red-eye flights — the carrier previously ...
'Execution will be the key': Wall Street analysts offer mixed reviews of Southwest's turnaround plan
At the heart of Southwest's plan, the company expects to provide $4 billion of incremental pre-tax earnings in 2027 and ...
Democrats try to find political salvation in the Southwest
Once the leading edge of Western conservatism, four states in the Southwest have shifted over the last two decades to become ...
Record October heat expected to last across the Southwest: 'It's not really moving'
On Wednesday, about 39 million people in the region were under heat alerts, according to the National Weather Service.
Southwest is redesigning its cabin interiors. Here's what the planes will look like.
Bigger bins and premium-priced seating with added legroom are just some of the changes the carrier is betting will win over ...
DHS increases amount of time asylum regulations at Southwest border in effect
The Biden administration on Monday announced increased asylum regulations for immigrants seeking to cross the Southwest ...
Earn airline rewards at sea: Southwest adds cruise bookings
Travelers can book sailings through the airline as part of a partnership with travel agency World Travel Holdings.
MLive16h
Guns, meth, $90K in stolen property seized during Southwest Michigan search
ST. JOSEPH COUNTY, MI – Police seized guns, drugs and thousands of dollars in presumed stolen property while executing a ...
The Winners and Losers in the Southwest Airlines Seating Shakeup
Expect skeptics to give the carrier a look, some longtime loyalists to grumble and prices to rise.