LUV Stock Recent News

Southwest (LUV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Supply from Valero is expected to deliver the highest volume of SAF announced to date in Illinois DALLAS , Oct. 17, 2024 /PRNewswire/ -- Southwest Airlines Co.  (NYSE: LUV) today announced a sustainable aviation fuel (SAF) supply agreement with Valero Marketing and Supply Company (Valero), a subsidiary of Valero Energy Corporation (NYSE: VLO), to bring SAF to Chicago Midway International Airport (MDW) in the state's largest announced SAF supply agreement. As part of the two-year agreement, Southwest® will purchase a minimum of 3.6 million gallons of neat SAF (about 12 million gallons blended) for use in its operations as early as Q4 2024, with the option to purchase up to 25 million gallons of neat SAF (about 84 million gallons blended) over the agreement's term.

Donation Will Aid Individuals and Families Impacted by Storm, Flooding Donation Will Aid Individuals and Families Impacted by Storm, Flooding

Reiterates Efforts to Reach Constructive Resolution with Elliott Outlines Actionable Steps Taken to Position Southwest for the Future Shareholders Not Required to Take Immediate Action DALLAS , Oct. 14, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) ("Southwest" or the "Company") today confirmed that Elliott Investment Management L.P. ("Elliott") requested a Special Meeting of Shareholders to consider Elliott's proposals, including to remove without cause eight members of Southwest's Board of Directors (the "Board") and elect eight Director candidates chosen by Elliott, which appears designed to result in full control of the Board by Elliott's nominees.

Elliott Investment Management has called for a special shareholder meeting at Southwest Airlines and nominated eight directors to the Southwest board as it seeks to replace the same number of incumbents. Crystal Tse reports on Bloomberg Television.

Elliott Investment Management on Monday called for Southwest Airlines (LUV) shareholders to elect its slate of candidates to the company's board.

The hedge fund said it was officially calling for a special meeting to be held in December and submitted proposals to replace eight directors and take control of the board.

Emergency Airlift Onboard Southwest Airlines Aircraft Makes Room for Influx of Pets (including Onboard Adoption by Southwest Pilot) Due to Catastrophic Hurricanes Emergency Airlift Onboard Southwest Airlines Aircraft Makes Room for Influx of Pets (including Onboard Adoption by Southwest Pilot) Due to Catastrophic Hurricanes

Elliott has formally called for a special meeting at Southwest Airlines, the activist's first U.S. proxy fight since 2017. The activist investor has an 11% stake in the carrier and is seeking the ouster of CEO Bob Jordan.

Submits Proposals to Elect Eight Independent Best-in-Class Nominees and Remove Eight Current Directors Calls on Southwest to Confirm Meeting Date Promptly Without Unnecessary Delay Shareholders Should Take Action As Soon As Possible to Ensure They Are Able to Vote Their Shares WEST PALM BEACH, Fla. , Oct. 14, 2024 /PRNewswire/ -- Elliott Investment Management L.P.