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  "documentTitle": "Southwest Airlines (LUV)",
  "authorId": "02_Elliott_Management",
  "authorName": "John Pike & Bobby Xu",
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      "text": "Southwest has substantially underperformed peers and the S&P 500 over all relevant time periods.",
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      "text": "vs. AAL, vs. DAL, vs. UAL, vs. S&P 500",
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      "text": "Southwest has substantially underperformed peers and the S&P 500 over all relevant time periods. Returns rank in the bottom 10% of the S&P 500 over the last two and four years and in the bottom 5% over the last three and five years",
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      "text": "Source: Bloomberg as of 6/7/2024. (1) Cumulative TSR since 1/31/2022. (2) Cumulative TSR since 3/19/2020.",
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      "text": "Shares Have Deeply Underperformed",
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