Southwest Airlines' holiday chaos could cost the company as much as $825 million

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. SouthwestAir's holiday chaos — which led to more than 16,700 canceled flights — could cost the company as much as $825 million, the airline said.

— worth more than $300 in flights — to passengers whose flights were cancelled, or significantly delayed, over the holidays.

The operational meltdown also led to widespread criticism of the airline's operations. The Southwest Airlines Pilots AssociationBecome a KPBS sponsor "Gary Kelly still reigns supreme on the board of this Company despite having overseen the decisions and setting the conditions that made this most recent fiasco possible," Captain Tom Nekouei, vice president of the Southwest pilots union, wrote."I, for one, am tired of seeing my Company's good name, and in some cases our fellow employees' reputations, dragged through the mud in national media.

"In 2023 we will continue our work, from accountability for Southwest Airlines to further progress supporting all airline passengers through action on enforcement, rulemaking, and transparency," Buttigieg,Southwest Airlines failed its customers this past week, and our department will continue acting to get travelers what they are owed.— Secretary Pete Buttigieg In Friday's filing, Southwest said it expects to lose an estimated $400 million to $425 million in revenue.

 

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Southwest Airlines' holiday chaos could cost the company as much as $825 millionSouthwest Airlines says disruptions that led to more than 16,700 cancelled flights over the holidays will have severe financial consequences for the company. Well they will ask the govt to pay for it Oh no! Anyway End corporate subsidies! They have enough to function.
La source: NPR - 🏆 96. / 63 Lire la suite »

Southwest Airlines holiday meltdown will cost company up to $825 millionThe holiday meltdown at Southwest Airlines last month cost the company as much as $825 million in lost revenue and added expenses, the company said in a government filing. No more stock buy backs for a while then Seems like a minor loss compared to how much they pull in each quarter Man if only they used their Covid relief to pay their employees instead of stock buybacks.
La source: ABC - 🏆 471. / 51 Lire la suite »

Southwest meltdown may cost the airline up to $825 million | CNN BusinessThe cost of the service meltdown at Southwest Airlines over the year-end holidays cost the airline nearly $1 billion and will cause the company to report a loss rather than a profit in the fourth quarter, the airline said in a filing on Friday. Let them go bankrupt. Don't allow any government subsidies No matter what compensation is given to the passengers, it will never change what happened to those who’s vacations were completely altered and the fact that you can’t have that time back. Funny how disrespecting employees, outsourcing tech jobs, and not updating systems cost them more money.
La source: CNN - 🏆 4. / 95 Lire la suite »