Elliott Investment Management plans to nominate a slate of candidates for Southwest Airlines Co.’s board, escalating the activist investor’s push for sweeping changes at the struggling carrier, according to a person familiar with the matter. Elliott will nominate as many as 10 directors and call a special meeting for investors to vote on the nominees,
By Rajesh Kumar Singh CHICAGO (Reuters) – Fitch Ratings on Tuesday upgraded Delta Air Lines’ credit rating to investment grade, citing improvements in its balance sheet in the past three years. The Atlanta-based carrier’s rating was cut to junk during the pandemic when a slump in air travel brought the industry to its knees. A
We recently published a list of the 10 Best Airline Stocks to Buy For 2024. Since Delta Air Lines Inc. (NYSE:DAL) ranks 1st on the list, it deserves a deeper look. Despite rising inflation, consumers worldwide continue to spend on travel and experiences, defying all expectations and forecasts. Latest data from the International Air Transport Association (IATA)