Elliott Statement on Southwest Airlines' Revenue Enhancement Initiatives
LUVSouthwest Airlines(LUV) Prnewswire·2024-07-26 04:02

WEST PALM BEACH, Fla., July 25, 2024 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), today released the following statement on behalf of Partner John Pike and Portfolio Manager Bobby Xu regarding Southwest Airlines Co. (NYSE: LUV) (the "Company" or "Southwest") and its revenue enhancement initiatives:Southwest's announcement of revenue-enhancement initiatives, purporting to offer assigned seating, premium-seating options and redeye flights, comes more than a decade late, and after a 50% decl ...