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Elliott Plans Meeting With Southwest Over 'Immense' Challenges, May Push For Board Changes
Tuesday, August 27, 2024 - 9:29am | 420Read More...Activist hedge fund Elliott Investment Management and Southwest Airlines Co. (NYSE:LUV) plan to meet for the first time on a couple of weeks to talk about possible changes to the airline. Elliott, which holds more than 9.7% of Southwest’s voting power, said it is eager to meet with company...
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Virgin America Surges 40% As Alaska Air Confirms $57 Per Share Acquisition
Monday, April 4, 2016 - 7:35am | 330Read More...Shares of Virgin America Inc (NASDAQ: VA) surged higher by more than 39 percent early Monday to trade at $54 after Alaska Air Group, Inc. (NYSE: ALK) confirmed it has entered into an agreement to acquire the airline for $57.00 per share in cash. Alaska Air stated the transaction is expected to...
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Yearning For Faster WiFi In The Sky: Virgin America Partners With ViaSat
Tuesday, July 7, 2015 - 2:56pm | 351Read More...Virgin America Inc (NASDAQ: VA) announced on Tuesday that it is partnering with ViaSat, Inc. (NASDAQ: VSAT) to offer faster WiFi connectivity in its 10 new A320 aircraft beginning September of this year. David Cush, Virgin America CEO, was on CNBC recently to weigh in on this. 30X Faster Than...
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Virgin America CEO: Our Job Is To Run The Company, Not Decide Stock Price
Thursday, April 30, 2015 - 4:16pm | 327Read More...Virgin America Inc (NASDAQ: VA) came out with better-than-estimated quarterly results on Thursday. However, the stock still took a hit. EPS for the quarter stood at $0.29 on revenue of $326.4 million. Analysts had expected the EPS to come in at $0.14. David Cush, Virgin America CEO, was on CNBC...
