05:47 AM EDT, 10/15/2024 (MT Newswires) -- Southwest Airlines ( LUV ) said late Monday investor Elliott Investment Management's call for a special meeting of shareholders to elect a new slate of directors is "unnecessary and inappropriate."

The budget carrier has offered to appoint up to three of Elliott's nominees and reconstitute its board, but Elliott has blocked the company from interviewing the director candidates, Southwest ( LUV ) said.

Southwest's ( LUV ) board has deemed Elliott's demands to be of an "extreme nature," saying the timing of the request appears designed to maximize disruption in operations as the airline approaches a busy travel season.

Elliott did not immediately respond to MT Newswires' request for comment.

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