SOUTHWEST AIRLINES COMMENTS ON ELLIOTT MANAGEMENT'S INTENT TO REPLACE A MAJORITY OF ITS BOARD

DALLAS, Aug. 14, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) (the "Company") has the following response to an announcement made by one of its Shareholders, Elliott Investment Management L.P. ("Elliott"), stating its intention to replace a majority of the Southwest Airlines Board of Directors by nominating 10 candidates.Since Elliott launched its campaign against Southwest Airlines, the Board has consistently sought to engage constructively and in the best interests of all Shareholders. Elliott h ...