Southwest Airlines Offering "Voluntary Separation Packages" Due To "Overstaffing" [zero hedge]
Southwest Airlines Company (LUV)
Last southwest airlines company earnings: 4/28 06:00 am
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Source: zero hedge
Southwest Airlines Offering "Voluntary Separation Packages" Due To "Overstaffing" We just saw the 'success' of the Biden administration not allowing M&A in the airline industry when Spirit, once slated to merge with jetBlue, instead filed for bankruptcy this week. "That's the miracle of Bidenomics!" And they aren't the only carrier under distress, it appears. Southwest Airlines, based in Dallas, is addressing overstaffing issues at select airports by offering voluntary separation to ground operations, cargo, and provisioning employee, according to SimpleFlying . In a memo distributed on Friday, the airline noted that overstaffing—largely due to aircraft delivery delays—affects nearly 20 airports where Southwest has a significant presence, though the issue is not universal across all locations. Certain positions at Southwest’s headquarters are also eligible for the voluntary separation program. Aviation analyst JonNYC first reported that Southwest Airlines is offering a voluntary separ
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