southwest airlines

Tag Archives for southwest airlines.

How Southwest Flyers Use The ‘Spite Seat’ Strategy To Outsmart Seat Savers And Reclaim Their Space

Nov 07 2024

When you’re last to board you have few options for comfort anyway. You might as well make the most of your seat choice.

In the spite play, you target passengers you believe are violating social norms and punish them by sitting next to them. You can sit next to the one putting crumpled tissues on the middle seat, or avoiding eye contact hoping you won’t sit there – and reward the passengers who don’t do that.

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Southwest Gives In To Elliott: 5 Board Seats, Stock Plunges—Is This The End of Their No-Fees Era?

Oct 24 2024

Southwest Airlines didn’t exactly surrender to Elliot Management, but they agreed to put 5 Elliot nominees on a 13-member board of directors in exchange for their dropping the petition for a special meeting of the board.

Already, the airline has given Elliot much of what they were asking for. The activist investor spurred movement on assigned seating, premium seating, partnerships, and redeye flying which are things Southwest had moved very slowly on.

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Elliott’s ‘Wall Street’ Playbook: Revealing The Hollywood-Style Moves Behind Their Plan To Gut Southwest Airlines

Oct 20 2024

Everyone is taking Elliott seriously, noting correctly that the airline has underperformed and failed to maximize its assets, and suggesting that current management doesn’t deserve to stay and execute on its own turnaround plan – without every questioning the seriousness or sincerity of Elliott’s own plan. But all you have to do is watch a famous old movie to get up to speed quickly.

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Southwest Airlines Under FAA’s Microscope: New Safety Findings Uncovered As Audit Continues

Oct 16 2024

Over the summer the FAA launched a safety audit of Southwest Airlines. This came after the airline came within feet of the water while still miles from Tampa less than a month after another of the airline’s 737s descended to just over 500 feet while still 9 miles out from the Oklahoma City airport. In April, a Southwest Airlines flight in Hawaii came within 400 feet of the Pacific Ocean. Then in June a Southwest Airlines flight took off from a closed runway Southwest has shared internally some of the issues that FAA inspectors have flagged during the Certificate Holder Evaluation Process Safety Audit. I suppose some of these are better than the pilots who spent a flight watching video feed of passengers in the lavatory? The airline declined comment since “[t]he CHEP is still…

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December 10th Showdown: Southwest Airlines CEO Faces Ouster—Investor Vote Will Decide The Airline’s Fate

Oct 14 2024

Elliott has been talking to institutional shareholders. I can’t imagine they call for a vote they don’t think they can win. And that would mean that Southwest ousts its CEO and more closely follows Elliott’s prescriptions which turn the airline into JetBlue and American Airlines – more fees, fewer perks.

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