The CEO of Southwest Airlines said Wednesday he will not resign in the face of pressure from a hedge fund that wants him fired and that his leadership team will produce its own plan to boost the ...

Southwest Airlines Co.’s chief executive officer isn’t waiting for economists to declare a technical downturn in the US economy: As far as he’s concerned, a recession already has started.

Southwest Airlines (LUV) CEO Bob Jordan told Bloomberg that demand has cratered in recent months, with domestic leisure travel dropping more than he’s ever seen besides the Covid-19 pandemic.

DALLAS – Southwest Airlines’ chief executive officer isn’t waiting for economists to declare a technical downturn in the US economy: As far as he’s concerned, a recession has already started.