Previous Close | 2.8100 |
Open | 2.7900 |
Bid | 2.5500 |
Ask | 2.6700 |
Strike | 30.00 |
Expire Date | 2024-01-19 |
Day's Range | 2.7900 - 2.8100 |
Contract Range | N/A |
Volume | |
Open Interest | 1.13k |
WASHINGTON/CHICAGO (Reuters) -Southwest Airlines Chief Operating Officer Andrew Watterson will apologize on Thursday before a U.S. Senate committee over the holiday meltdown that led to the cancellation of 16,700 flights and pledge changes to ensure that there will be no repeats. In other written testimony seen by Reuters, Southwest Airlines Pilots Association (SWAPA) President Casey Murray will tell the committee that the low-cost carrier's "overconfidence" in planning and a "systemic failure to provide modern tools" were responsible for the December meltdown that the union said stranded 2 million passengers and is estimated to have cost it more than $1 billion.
Southwest Airlines Chief Operating Officer Andrew Watterson will apologize on Thursday before a U.S. Senate committee over the holiday meltdown that led to the cancellation of 16,700 flights and pledge changes to ensure that there will be no repeats. In other written testimony seen by Reuters, Southwest Airlines Pilots Association (SWAPA) President Casey Murray will tell the committee that the low-cost carrier's "overconfidence" in planning and a "systemic failure to provide modern tools" were responsible for the December meltdown that the union said stranded 2 million passengers and is estimated to have cost it more than $1 billion.
Bob Jordan, Southwest Airlines Co's CEO, faces the biggest challenge yet in his 35-year career at the airline that has built a customer-friendly reputation. After a high-profile systems meltdown in late December that left thousands of U.S. passengers stranded and fuming, Jordan must guide the airline's recovery from the snowstorm and related technology breakdowns that forced the cancellation of almost 17,000 flights and is estimated to have cost it more than $1 billion. Jordan, 62, took the helm as CEO just last February.