About Gary Leff

Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel - a topic he has covered since 2002. Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »

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Southwest Airlines Goes To War Against Elliott Capital, Adopts “Poison Pill” To Fend Off Takeover

Jul 03 2024

Elliott Capital took nearly a $2 billion stake in Southwest Airlines. They are seeking to replace top management and turn the airline into something closer to major competitors like American and JetBlue by charging for bags and creating basic economy fares.

To fend off Elliott Capital from gaining a controlling stake in the carrier, the airline has adopted a ‘shareholder rights plan’ – also known as a ‘poison pill’.

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