An activist investor, Elliot, acquired a significant stake in the company and organized a shareholder revolt about Southwest's margins. Paraphrasing their prese

An activist investor, Elliot, acquired a significant stake in the company and organized a shareholder revolt about Southwest's margins. Paraphrasing their presentation on the issue [0]: Management Has Historically Ruled Out Industry-Standard Commercial Initiatives [like assigned seating, different seat classes, and checked bag fees] The plan is to make SWA as similar as possible to other airlines to get their numbers to the same place, increasing the value of already owned shares. They don't care if it destroys SWA's customer base because they'll have sold off their stake by then. [0] https://beatofhawaii.com/wp-content/uploads/2024/06/Stronger-Southwest_06102024.pdf https://beatofhawaii.com/wp-content/uploads/2024/06/Stronger...