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What changes will occur in Southwest Airlines' executive team following the FAA audit by June 30, 2025?
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Resolution / Starting Odds
No changes • 25%
CEO replaced • 25%
COO replaced • 25%
Multiple executives replaced • 25%
Official announcements from Southwest Airlines
Story
FAA Launches Audit of Southwest Airlines After Safety Incidents, WSJ Reports
Jul 23, 2024, 05:22 PM
The U.S. Federal Aviation Administration (FAA) has launched an audit of Southwest Airlines following a series of recent safety incidents, as reported by the Wall Street Journal. These incidents include flights descending too early and taking off from a closed runway. Southwest Airlines is cooperating with the FAA and has formed a team to analyze its safety system. The FAA's broader audit aims to assess the airline's overall safety protocols and procedures.
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No action taken • 25%
Warning issued • 25%
Fines imposed • 25%
Operational restrictions • 25%
No changes • 25%
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Increased inspections • 25%
Operational restrictions • 25%
No changes • 33%
Minor changes • 33%
Major changes • 33%
CEO change • 25%
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Other outcome • 25%
New routes added • 25%
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Fleet expansion • 25%
No major changes • 25%
No change • 25%
Interim CEO appointed • 25%
New permanent CEO appointed • 25%
CEO resignation without replacement • 25%
New CEO from within Southwest Airlines • 25%
New CEO from outside Southwest Airlines • 25%
Gary Kelly returns as CEO • 25%
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CEO • 25%
CFO • 25%
COO • 25%
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Yes • 50%
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Majority Elliott-backed members • 25%
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Mixed composition • 25%