Articles tagged “jet stream”

The hedge fund claims it now has multiple allies that support a leadership overhaul at Southwest.

Gangwal’s appointment comes after activist investor Elliott criticized the airline’s board for not having enough directors with external airline experience.

The plea deal with the DOJ would mandate that Boeing pay more fines and install an independent monitor to oversee its quality control and production processes.

Southwest is adopting a shareholder rights plan — known as a “poison pill” — to fend off Elliott from attaining a controlling stake in the company.

Airlines have been making larger investments in hydrogen-electric startups as they look for ways to become more sustainable. But it’s unclear if such engines can be used on a wide scale.

If Boeing is convicted of committing a felony, it could become harder for the plane maker to win contract work with the federal government.

European airlines have delayed hundreds of flights due to air traffic control restrictions caused by severe weather in the region.

This year’s holiday is set to be one of the busiest on record as millions of Americans take to the skies during the holiday week.

Elliott Investment Management, which has a $2 billion activist stake in Southwest, was highly critical of the airline’s revenue forecast cut for the second quarter.

The first Delta One lounge at JFK includes a full-service restaurant, a shoe shining service, massage chairs and other spa treatments.