Originally Posted by
9thAmendment
and louder
https://crankyflier.com/2024/06/13/e...terposttitle-2
“With that knowledge, Elliott is trying to find the easiest way to turn Southwest into an ATM. It only has a little over 10 percent of the airline's shares, so it needs investor allies. And that's where it focused its attention first.
I don't know if this has changed, but in the first day or two, I'm told Elliott didn't even try to talk to labor. It's entirely possible that labor just wasn't as important in Elliott's minds and they've gotten there now, but it's a critical mistake if you're trying to win hearts and minds.”