01:13 PM EDT, 09/24/2024 (MT Newswires) -- Elliott Investment Management sent a second open letter to Southwest Airlines ( LUV ) shareholders Tuesday informing them of plans of a special meeting to vote over the airline's leadership.

"In the coming weeks, we will be formally requesting a special meeting to provide you with a choice between the new directors that we have put forward -- who we believe possess the qualifications and skills to guide Southwest ( LUV ) to a brighter future -- or a board that lacks relevant expertise and has pre-committed itself to supporting failed CEO Bob Jordan," the letter said.

The activist investor plans to call the special meeting in the coming weeks, "possibly as soon as next week."

Price: 29.91, Change: +0.28, Percent Change: +0.93