Southwest Airlines CEO Resists Resignation Amid Activist Investor Pressure

Bob Jordan asserts no plans to step down, promises potential policy changes and new customer-focused strategies.

Elliott Investment Management has a $1.9 billion stake in Southwest and is pushing for leadership changes.
Jordan emphasizes that Southwest will consider Elliott's suggestions but will not be directed by them.
Potential changes include revising the open-seating policy and introducing premium seating options.
Southwest plans to unveil a comprehensive improvement plan at an investor day in September.
Jordan acknowledges delays in aircraft deliveries from Boeing, stressing the need for the manufacturer to improve.