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 Airlines board member buys 3.6M shares
Southwest Airlines (LUV) stock climbed Thursday after board member Rakesh Gangwal made a significant investment in the company. Gangwal purchased 3.6 million shares, valued at approximately $108 million,
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 Airlines Lays Out Overhaul, and Stock Gains
The move, including service enhancements and share buybacks, came after the hedge fund Elliott Management called for cost savings and better profits.
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 Gains 13.2% in 3 Months: What Should Investors Do?
Shares of Dallas, TX-based airline heavyweight Southwest Airlines Co. (LUV) have had a good run of late, improving double digits over the past 90 days. The encouraging price performance resulted in LUV outperforming its industry in the said time frame,
Boeing strike drama, Southwest fights off an activist, and the best big airports: Airlines news roundup
The Boeing machinists strike continues with no end in sight. Southwest Airlines made its case to investors that its current ...
After 53 Years, Southwest Airlines Just Announced Some Big Changes, and It’s Kind of Heartbreaking
One of the signature parts of the Southwest Airlines experience has long been the idea that boarding position mattered a lot ...
Johnny Jet2d
Preview of Southwest Airlines’ new extra legroom seats and more
Southwest Airlines is making some significant changes to their product, including introducing new extra legroom seats.
Southwest Airlines assigned seating: When it starts and who can get it
It's the end of Southwest Airlines' open seating era. Customers will be able to get assigned seats and and pay for extra ...
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.
KSAT5d
‘Extreme case of sour grapes’: Southwest Airlines loses early attempt to block new San Antonio Int’l Airport lease
The City of San Antonio and Southwest Airlines will head to court Monday afternoon to argue over the airline’s 11th hour ...
Southwest Airlines will begin selling assigned seats in 2025
The carrier said it expects to start selling tickets with seat assignments in the second half of 2025, with the first of ...
Southwest Airlines says it will introduce assigned seats and premium perks in 2026
Southwest Airlines executives have unveiled their vision for turning the carrier into an airline that gives passengers ...
Southwest Airlines Inaugurates Nonstop Flights Between Las Vegas & Rochester, New York
Southwest Airlines announced the establishment of a new direct route between Las Vegas and Rochester. It is the first direct ...