Elliott Investment Management is pushing for a special shareholder meeting to vote on replacing eight Southwest Airlines board members with its own candidates, aiming to overhaul the airline's leadership and address financial issues.

Southwest Airlines (LUV) faces proxy fight with Elliott as firm calls for special investor meeting. Read more here.

Activist investor Elliott Investment Management has called for a special meeting in December with shareholders of Southwest Airlines, a step towards a change that could oust the airline’s CEO Bob Jordan.