News

Why Southwest Airlines Stock Dived by Nearly 4% on Friday

Southwest Airlines ( LUV -3.54%) announced a sudden change in its corporate governance, and that shift rattled some investors ...

Internet Outage Brings Southwest Flights to a Halt as Airline Faces More Turbulence at the Top

Southwest Airlines suffered a major internet outage on 31 July 2025, grounding roughly 40% of its national departures and triggering a board chair transition amid ongoing operational upheaval.

Southwest Shakeup: Airline Announces Leadership Changes, Faces Widespread Internet Outage

Southwest Airlines has been navigating some turbulent times of late. It all got a little bit worse on Thursday when the ...
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Southwest reshuffles its board leadership

Doug Brooks is the new chairman of Southwest Airlines, replacing Rakesh Gangwal, who remains on the board and will chair the new fleet oversight committee.

SOUTHWEST AIRLINES ANNOUNCES GOVERNANCE CHANGES

Southwest Airlines Co. (NYSE: LUV) today announced the appointment of Doug Brooks as the new independent Chair of the Board, effective Aug. 1, 2025. This appointment follows Rakesh Gangwal's decision ...

Southwest Replaces Chairman After Less Than One Year in Job

Southwest Airlines Co. said Rakesh Gangwal is resigning as chairman, a little over a year after joining the board and serving ...

Southwest Airlines Co.: Southwest Airlines Announces Governance Changes

Rakesh Gangwal steps down as independent Chair, remains on the Board Doug Brooks appointed as new independent Chair Board forms new Ad Hoc Fleet Oversight Committee ...

Elliott Statement on Southwest Governance Changes

Elliott Investment Management L.P. ("Elliott") today released the following statement on behalf of Partner John Pike and Portfolio Manager Bobby Xu regarding Rakesh Gangwal's decision to step down ...

Southwest's new policy change sparks backlash—'money grab'

Southwest is now charging passengers to select their seats. This follows on from its recent decision to introduce new baggage ...