- Zacks
Airline Stock Roundup: AAL's Deal With ZeroAvia, RYAAY's Upbeat June Traffic
Ryanair (RYAAY) reports an 11% year-over-year increase in June traffic. American Airlines (AAL) inks a conditional purchase agreement with a startup company.
- Bloomberg
Southwest Air Adopts Poison Pill to Counter Activist Elliott
(Bloomberg) -- Southwest Airlines Co. has adopted a shareholder rights plan to defend against a push for a leadership overhaul by activist firm Elliott Investment Management.Most Read from BloombergBiden Struggles to Contain Mounting Pressure to Drop Out of RaceHouse Democrats Consider Demanding Biden Withdraw From RaceKamala Harris Is Having a Surprise Resurgence as Biden’s Campaign UnravelsChina Can End Russia’s War in Ukraine With One Phone Call, Finland SaysUS Allies Say China Is Developing
- Fortune
Southwest’s Gary Kelly flew the company through pandemic turbulence, but will an activist attack bring it all crashing down?
Elliott Management is seeking to oust CEO Bob Jordan and Kelly after disclosing a $1.9 billion stake.
