Stronger Southwest
Delivering a Stronger Southwest Airlines for Customers, Employees and Shareholders
Elliott Investment Management, one of Southwest Airline’s largest shareholders, believes that Southwest represents the most compelling airline turnaround opportunity in the last two decades. Our goal is to restore Southwest’s status as an industry-leading airline.
The Stronger Southwest plan calls for clear steps to improve performance for the benefit of customers, employees and shareholders, including:
- Restoring the efficiency required to continue offering low fares
- Modernizing the product offering to align with today’s customer preferences and expectations
- Holding management accountable and ensuring strong operational performance
- Facilitating investment in technology and new assets to run the reliable operation that passengers and employees deserve
As one of the Company’s largest investors, we look forward to collaborating with Southwest to restore best-in-class performance.
We have nominated eight independent, highly qualified candidates for Southwest’s Board.
These candidates were selected through a months-long global search for the best individuals with the optimal mix of backgrounds and expertise to address Southwest’s current challenges and deliver on the company’s potential.
The final group of candidates includes former airline CEOs and Deputy CEOs and candidates with complementary expertise in technology, hospitality, consumer-focused businesses, labor relations and regulatory oversight, including experience leading organizational change in these areas.
Sarah FeinbergFormer Transportation Regulator and Administrator of the Federal Railroad Administration
Hon. Joshua “Josh” GotbaumSeasoned Advisor to Companies and Labor Groups and Former Hawaiian Airlines Trustee
About Elliott
Founded in 1977, Elliott Investment Management L.P. (together with its affiliates, “Elliott”) is one of the oldest investment managers of its kind under continuous management. Elliott manages multi-strategy investment funds with approximately $69.7 billion of assets as of June 30, 2024. Our investors include pension funds, private endowments, charitable foundations, family offices and employees of the firm, and our offices are located in Florida, Connecticut, New York, California and London.
