A Southwest Boeing 737 is at Phoenix Sky Harbor International Airport in Arizona, USA, on July 2, 2024.
Robert Smith | Nurphoto | Getty Images
Southwest Airlines raised its third-quarter revenue forecast on Thursday and detailed a host of changes to its business model as it seeks to fend off activist Elliott Investment Management.
The carrier also said it would add Robert Fornaro, a well-respected industry veteran who previously led Spirit Airlines, to its board of directors.
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