Categories: Aviation

Now Southwest Offers Buyouts to Employees

Just days after United Airlines offered a buyout package to employees to help trim costs in the face of the ongoing coronavirus pandemic, Southwest has done the same thing.

The airline said Tuesday it is offering workers another voluntary leave package to help get its staffing in line with the decreased capacity for air travel. In short, like United and American, Southwest has too many employees and not enough jobs to go around.

“Southwest remains overstaffed in many areas. As a result, some departments will be offering additional opportunities for Employees to take Extended Time Off (ExTO) beginning in March 2021, based upon projected staffing levels”, the company said in an email to Reuters. “The additional opportunities for leave align with the period when some Employees will return from previously-awarded, six-month leaves on March 1, 2021.”

Bloomberg reported earlier that 791 Southwest pilots have agreed to take off one to three months.

Southwest was one of the airlines requesting monies from the U.S. Treasury Department as part of the second COVID-19 relief package passed by the federal government last month. The loans are part of the Payroll Protection Program.

The Treasury Dept. began sending checks out earlier this month. Southwest expects to receive $1.73 billion.

This post was published by our news partner: TravelPulse.com | Article Source
TJS News

TravelPulse.com, part of the travAlliancemedia network of products, is the leading resource for the latest travel news, offers, and videos. Since 2002, TravelPulse.com has been delivering industry news, dynamic video content and important supplier and destination information that have allowed hundreds of thousands of travel agents to succeed. Now, with dedicated consumer content, TravelPulse is once again revolutionizing the way that travel content is consumed.

Recent Posts

Dads & Grads Gifts

From celebrating hardworking dads to helping graduates gear up for their next big chapter.

7 hours ago

Man with Fake Boarding Pass Boards United Flight, Exposing Major Security Failures

A Houston man with a fake boarding pass boarded a United Airlines flight at George…

3 days ago

NTSB Report: United Jet Struck Light Pole, Not Truck, Near Newark Airport

The National Transportation Safety Board released new details Thursday about a United flight that hit…

5 days ago

Thousands Face Career Uncertainty After Spirit Airlines Shutdown

The Spirit Airlines shutdown has left thousands of former employees scrambling for work. In an…

5 days ago

Southwest Reversed Its Controversial Plus-Size Seat Policy After 4 Months of Backlash

Southwest Airlines reversed its controversial plus-size seat policy, no longer requiring plus-size passengers to buy…

2 weeks ago

Summer Travel Preview

We’re just days away from Memorial Day Weekend — the unofficial start to summer travel…

2 weeks ago