“ According to Bloomberg News, Elliott Investment Management and Southwest Airlines have initiated discussions regarding a potential settlement to avoid a proxy fight for control of the airline’s board. Sources familiar with the matter revealed that Elliott has proposed a framework that would grant it representation on Southwest’s board without full control. The talks are … Read more
The new route from Manchester Airport to Tel Aviv will operate twice a week by Arkia Israeli Airlines, with the first flight taking off this week. The company’s website allows customers to book return journeys departing from the UK on a Monday or Friday, promoting the Israeli capital as a tourist destination. The UK Government … Read more
Spirit Airlines is facing financial challenges as it approaches a deadline to refinance over $1.1 billion in debt. The airline’s shares closed at a new low on Friday, falling by approximately 3% to less than $1.50 per share. The company had extended the deadline with U.S. Bank to Monday, after initially setting it for September. … Read more