The second largest shareholder of Southwest Airlines is calling for special meeting of shareholders to vote on its slate of eight new directors, which would represent a majority of the struggling airline's board.

Elliott Investment Management on Monday called for Southwest Airlines shareholders to elect its slate of candidates to the company’s board of directors.

Elliott Investment Management has called for a special shareholder meeting at Southwest Airlines Co., officially kicking off the firm’s first US proxy fight since 2017.The activist has requested the meeting take place on Dec.