Investor With Near $2 Billion Stake Puts Southwest Airlines' Free Checked Bag Policy At Risk

Southwest Airlines has always been different from the other big U.S. airlines. It is known for its customer-friendly policies like free checked bags and open seating. The airline now faces pressure to change its unique approach. Elliott Investment Management, which has built a nearly $2 billion stake in the airline, is pushing for a major overhaul that could significantly impact the customer experience. One of the most notable changes proposed by Elliott is the potential elimination of Southwest's popular "bags …