SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Airline Discussion Board
JETS 20.27+0.5%May 24 4:00 PM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sam who wrote (1796)3/14/2023 7:39:51 AM
From: Sam   of 1835
 
Southwest Airlines Unveils 3-part Plan To Avoid Snags That Disrupted Operations During Winter Storm Eliot -- MarketWatch
Dow Jones Newswires March 14, 2023 06:59:00 AM ET

Southwest Airlines Co. (LUV) on Tuesday unveiled a three-part Tactical Action Plan that aims to booster operational resiliency across the company. The move comes after the regional airline was forced to cancel thousands of flights due to a severe winter storm that other airlines were able to manage. Cascading cancellations left it without staff to man planes, leading to more cancellations and eventually to a far wider-than-expected first-quarter loss. The carrier is now planning to accelerate operations investments of more than $1.3 billion to upgrade crew optimization software and crew scheduling systems; it will purchase additional de-icing trucks and upgrade winter equipment and preparedness; and it will take steps to align various network planning and network operations control teams under one senior leader for better execution of operational plans. The announcement came ahead of a presentation at a JPMorgan conference later Tuesday. The stock rose 1.6% premarket, but has fallen 23% in the last 12 months, while the S&P 500 has fallen 7.6%.

-Ciara Linnane For more from MarketWatch: marketwatch.com


Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext