Today's SWAPA Number is 12. That's the approximate percentage of Southwest Airlines shares that Elliott Investment Management took hold of in early June, challenging the leadership landscape of the company and bringing some uncertainty as to what the future of the airline holds.

Today we're sitting down with your SWAPA executive officers, along with economics and financial analysis chair, Erich Schnitzler, to discuss what's transpired since then, address some of the questions from the membership, and set some expectations for the future given this unprecedented event.

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