Day Archives: 25 September 2024

25Sep, 24

Southwest’s feud with Elliot heats up ahead of investor day | News

[ad_1] Southwest Airlines’ increasingly acrimonious public feud with minority shareholder Elliot Investment Management has heated up a notch just days before the carrier is scheduled to update investors on its strategy. The private equity firm, which now holds 11% of the Dallas-headquartered airline’s outstanding shares, early on 25 September published a strongly worded letter to fellow investors accusing the Southwest board of incompetence. It calls for a special investor meeting in the coming weeks to “make you aware of certain defensive actions that …
25Sep, 24

Gatwick: Airport apologises after delays and cancellations

[ad_1] Gatwick said so far in 2024 it had safely handled more than 170,000 flights through Nats, a 4% increase on last year.An airport spokesperson said the service had been fully available more than 99.6% of the time, operating 24 hours a day.Gatwick typically had 800 or more flight "movements" a day from a single runway.The spokesperson added: "We will continue to work closely with the Nats leadership team to provide passengers and airlines with a good service."London Gatwick would like …
go top