Southwest got billions of dollars in taxpayer aid. Why is its service still a mess? | CNN Business

  • 📰 ALNewsNetwork
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

When the coronavirus pandemic ground the transportation industry to a screeching halt in early 2020, the US government doled out more than $54 billion in aid to help pay employees and keep the systems from buckling.

Southwest Airlines received more than $7 billion from that program. But its system had two major meltdowns in the past 18 months, including this week’s massive system failure the likes of which the aviation industry has never seen. However, analysts say, Southwest’s service meltdown is unrelated to the taxpayer assistance the airline received in 2020.

The operational approach involves planes flying consecutive routes, picking up crews at those locations and relying on short turnaround times. “When they have cancellations in one area, it really ripples through, because they don’t necessarily have their crews and their pilots in the right positions,” said Jeff Windau, senior equity analyst of equity research for Edward Jones.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Wrong question. Question is why do we allow corporations to take our money? Corporate welfare needs to stop.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 583. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why that 'free' Starbucks drink is about to cost you more | CNN BusinessStarbucks is making changes to its rewards program, requiring members to spend more to earn some popular freebies. I mean, Starbucks, I didn't even get my birthday drink loaded this year. Local coffee shops are winning on this one. For every 10 drinks, I earn a free one at my local haunt. They get my business 90% of the time...soon to be 100% looks like. Not sure why anyone would eat those pastries. They’ve been frozen for months and put out in morning hours Starbucks
Source: CNN - 🏆 4. / 95 Read more »

Why eggs have been so expensive this year | CNN BusinessSeveral grocery items have gotten more expensive this year. But nothing comes close to the rise in egg prices -- which jumped 49%, according to data from the Bureau of Labor Statistics. No chit cnn where you been for the past 2 years going after trump pathetic How’s your sanctions working because in Russia eggs are around $1.28 😂😂🖕🏻
Source: CNN - 🏆 4. / 95 Read more »