Southwest Airlines (WN, Dallas Love Field) is preparing for battle with activist fund Elliott Investment Management, and chief executive Bob Jordan has been rallying support from investors and employees, Reuters reported.

Jordan told its staff in a memo seen by the news agency that the upcoming fight against Elliott would be for the “heart of our company and our future – your future.”

Elliott said in June that it had spent around USD1.9 billion building its Southwest stake of around 11% and aimed to acquire more…

Source: ch aviation
Read more: US’s Southwest readies for battle against activist fund