Southwest has announced that they will avoid a single employee involuntary furlough “in 2020.”
About 16,900 employees, or 27% of the airline’s total workforce, have volunteered for early exits, reduced hours or temporary extended leave, which will relieve the company of about $400 million in salary, wage and benefit expenses during the fourth quarter 2020 alone. Leaves vary in length can some are reported to be almost two years. As a result, the airline says at this time the company is not planning involuntary furloughs.
But, he adds, Southwest remains “laser-focused on returning to break-even cash flow, and we will continue exploring opportunities for further cost efficiencies”.
He describes the airline as “like a patient in intensive care”. And though cost-cutting is an effective way to keep the company afloat, “you can’t cut your way to break even. Ultimately you will need more passengers.”
La revista Southern Living invita al público a descubrir su Idea House 2026, una espectacular…
Air Canada announced Friday that it will launch new transborder routes in partnership with United…
JetBlue announced Thursday that bookings are open for its new domestic first-class service. BlueFirst is…
Actress Selma Blair was arrested on Sunday after a violent incident aboard a Delta Air…
What is it really like to cruise to the Arctic? Join travel expert and…
**Are some of the world's most popular travel destinations actually overrated?** Before you book your…