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      "text": "These actions – and in particular the adoption of the “poison pill” – demonstrate how profoundly out of touch Southwest’s Board has become with shareholder sentiment and with the reality of the situation.",
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      "text": "On June 26, Southwest announced significantly reduced unit revenue guidance... On July 3, this Board put its own self-interest ahead of the Company’s... And today, the Board announced that it had appointed a handpicked new director...",
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      "text": "The purpose of today's letter is to summarize the feedback we have received and the key events that have occurred since the publication last month of our letter and presentation on the urgent need for leadership change at Southwest Airlines.",
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      "text": "Since publishing our views on June 10, we’ve had the opportunity to engage with shareholders, equity research analysts, industry executives and current and former employees. The feedback has been overwhelmingly consistent.",
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      "text": "July 8, 2024. The Board of Directors, Southwest Airlines Co. Dear Members of the Board, We write to you again on behalf of Elliott Associates, L.P. and Elliott International, L.P.",
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      "text": "“look[ing] forward to supporting the Company’s strategic direction.” — New Director",
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