Southwest Airlines CEO says no plans to step down despite pressure from activist Elliott
See what’s clicking on FoxBusiness.com Southwest Airlines CEO Bob Jordan said Wednesday he has no plans to resign, despite pressure from activist Elliott Investment Management. Jordan, who has been the company’s CEO since February 2022, made the comments on Wednesday while speaking to reporters following an industry event. Jordan has faced sharp criticism from Elliott, […]
Activist investor slams Southwest Airlines CEO, board for ‘poor execution,’ seeks new leaders
Elliott Investment Management reported on Monday that it holds about $1.9 billion worth of shares in U.S. airline Southwest Airlines and has called for changes in the company’s management. Southwest Airlines shares rose 7% to close at $29.70 on Monday. The activist investment management firm said Southwest’s “poor execution” and management’s “stubborn refusal to change […]
Spirit, Frontier ‘going out of business’: United Airlines CEO
United Airlines CEO Scott Kirby said struggling low-cost carriers such as Spirit Airlines and Frontier Airlines are on the path to “going out of business” because of poor customer service. Kirby, an outspoken commentator, blamed airlines for a “flawed business model” that lures passengers with ultra-low fares and then charges for oversized carry-on bags that […]
Spirit Airlines flyer tracks down stolen luggage to Fort Lauderdale airport employee using Apple Watch
A Spirit Airlines passenger launched a frantic search after his stolen luggage disappeared upon arrival at a Florida airport, but managed to track it down thanks to one of the stolen items. Paola Garcia was waiting on a carousel at Fort Lauderdale-Hollywood International Airport in Florida for her small pink hard-shell luggage containing several Apple […]
United Airlines passengers mysteriously fall ill on flight after disembarking cruise ship
After disembarking from a cruise ship, dozens of travelers fell ill with unknown symptoms on a United Airlines flight to Texas. The flight from Vancouver, British Columbia, arrived at Houston’s Bush Airport around 6:20 p.m. on Friday with about 30 passengers feeling ill. According to ABC 13. The 75-person travel group had been on a […]
Video of Baltimore airport workers brawl at Spirit Airlines
Shocking video shows the moment four Baltimore-Washington International Airport employees got into a fight with a fifth man at a Spirit Airlines ticket counter. Airport employees have been suspended for their roles in the nasty brawl. Maryland Transportation Authority officials responded to the incident late Tuesday afternoon. TMZ. The video shows four airport staff members […]
Smoking hot: 5 of America’s most extreme BBQ rigs, from battle tanks to jet airlines
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American Airlines plane aborts take-off to avoid landing flight at Reagan National Airport
An American Airlines plane was forced to suddenly abort takeoff at the last minute on Wednesday to avoid a collision with a private jet that was landing at Ronald Reagan Washington National Airport in Virginia, authorities said. The near miss occurred just after the Boston-bound plane was given the go-ahead by air traffic controllers around […]
American Airlines shares plummet on dismal forecast as CEO vows reset
American Airlines Chief Executive Officer Robert Isom on Wednesday pledged to reset the airline’s sales and distribution strategy after the airline lowered its current-quarter profit forecast despite strong travel demand. The dim outlook caused American Airlines shares to fall 15%, helping to drag down the overall NYSE Arca Airlines Index. Isom blamed the drop in […]
Third of all Southwest Airlines flights delayed due to tech outage
A computer glitch at a Dallas facility caused roughly a third of all Southwest Airlines flights to be delayed Wednesday night, creating a new headache for travelers. The airline said a power outage at its Texas centre disrupted its computer systems, causing delays to some flights while staff restarted the systems. “Southwest Airlines has resolved […]