Financial Q3 results for American Airlines, Delta, Southwest and United reveal strong operating performances and positive net results for three of the “Big 4.”
The traffic performance for all four major U.S. carriers in Q3 was higher than Q3 2023 and, for three of the four, greater than traffic recorded during Q3 2019.
Following several months of contentious back-and-forth, Southwest Airlines and Elliott Investment Management have reached an agreement on leadership changes.
In an Elliott Investment Management podcast, conversations with each of its eight proposed board candidates are being rolled out over the next 50 days.
A U.S. federal judge on Sept. 30 rejected Southwest Airlines’ attempt to keep an expiring lease agreement with San Antonio International Airport (SAT) in place.
Having curbed growth, Southwest Airlines is focused on efficiencies, planning to remove 5 min. of turn times between flights through the use of technology.
American Airlines will cut four more routes from Austin-Bergstrom (AUS), and Southwest Airlines is in a dispute with San Antonio (SAT) over gate assignments.
Under pressure from an activist investor, seven Southwest Airlines board members will step down, including longtime leader and Executive Chairman Gary Kelly.
