Billionaire and IndiGo co-founder Rakesh Gangwal has been appointed as the Chairman of Southwest Airlines, the U.S.-based ...

Southwest Airlines has named former US Airways CEO Rakesh Gangwal as its new independent chair of the board of directors. Gangwal joined the board in July, shortly after activist investor Elliott ...

The firm which is backed by investors such as Peak XV Partners and Lightspeed India Partners, has so far raised $698 million ...

An activist investor with a $5 billion stake in Honeywell International Inc. is calling for the company to separate its ...

In June, Elliott disclosed a $1.9 billion stake in Southwest and proceeded to spend the summer skewering the Dallas-based ...

The latest chapter in the book of change at U.S. carrier Southwest Airlines has been written. How will the story end?

In the latest airline news, Southwest Airlines has a new board of directors and chairman, but the activist investors at Elliott Investment Management have not achieved their goal of taking control; ...

Rahul Bhatia of InterGlobe Enterprises and Rakesh Gangwal established the airline as a private business in 2006. The company went public in 2015. Here are some of the of flying with IndiGo: IndiGo is ...

Bearish flow noted in Southwest (LUV) with 6,396 puts trading, or 1.8x expected. Most active are 11/22 weekly 31 puts and Nov-24 32.5 calls, with total volume in those strikes near 4,400 contracts.

Brazil’s Gol and its majority investor, Abra Group, have reached agreement on a debt-for-equity deal to support the carrier’s exit from Chapter 11 bankruptcy protection. The agreement, which ...

Recaro plans to source materials from India for aircraft seating, supporting orders from Indian airlines, enhancing cabin ...