Southwest Airlines and Elliott Investment Management

Southwest Airlines and the pressure from Elliott Investment Management, the Asiana Airbus A350 that triggered a Low Altitude Alert at SFO, the Turkish KAAN fighter jet export opportunities, and the possibility that India may become an F-35 customer. Also, boomless cruise, the Philadelphia Learjet crash, and aircraft mechanic classifications. Aviation News Image courtesy Southwest Airlines Southwest caves further to Elliott as chief transformation officer steps down Southwest Airlines has amended its agreement with Elliott Investment Management that allows Elliott to increase their ownership of the airline to 19.9%. Previously the cap was 14.9%. Elliott wants to make strategic and operational changes, as well as changes at the airline’s executive level and board of directors. Chief financial officer Tammy Romo is retiring April 1, 2025 and Southwest named former Breeze Airways president Tom Doxey as Romo’s replacement. Southwest announced that chief transformation officer Ryan Green would be leaving the company. Other executive positions are said to be at risk. 2 Southwest Airlines Board Members Stepping Down Due To Elliott Investment Management The airline is shrinking its board from 15 members to 13 as part of an agreement with activist investor Elliott Investment Management. Two more Southwest board members will step down in April.