Southwest CEO Bob Jordan Declines To Resign After Call From Investor Elliott; Expects Boeing MAX 7 To Join Fleet In 2026
Portfolio Pulse from Benzinga Newsdesk
Southwest Airlines CEO Bob Jordan has declined to resign following a call from investor Elliott. Additionally, the airline expects the Boeing MAX 7 to join its fleet in 2026.
June 12, 2024 | 1:52 pm
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Southwest Airlines CEO Bob Jordan has declined to resign after pressure from investor Elliott. The airline also expects the Boeing MAX 7 to join its fleet in 2026.
The CEO's decision to stay on may stabilize leadership concerns, while the addition of the Boeing MAX 7 in 2026 indicates future fleet expansion. However, these events are not likely to have an immediate impact on the stock price.
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