Key Senate Democrats push Southwest CEO for answers on holiday meltdown

Indonesia Berita Berita

Key Senate Democrats push Southwest CEO for answers on holiday meltdown
Indonesia Berita Terbaru,Indonesia Berita utama
  • 📰 CNBC
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 72%

Fifteen senators signed a letter to Southwest CEO Bob Jordan demanding answers about the airline's year-end meltdown.

to Southwest CEO Bob Jordan on Friday demanding answers about the airline's management of 2022 holiday travel disruptions, which left thousands of passengers stranded in airports.outdated software and staffing failures. The mass cancellations came alongside an intense snowstorm and elevated holiday travel demand, which posed a challenge to many airlines.

The senators also asked the airline for details on compensating affected passengers via ticket refunds, returning lost baggage and reimbursements for alternate travel arrangements made in the wake of Southwest cancellations.in the process of reviewing requests for reimbursement and refunds from impacted customers.

The senators' letter also highlights Southwest's use of funds, claiming it neglected to update company-wide systems that have long been out of date. "Southwest has long known that its software was outdated, and the Southwest Airlines Pilots Association had warned that such a debacle was inevitable unless Southwest invested in new scheduling systems," the letter says. "Instead of making those investments, Southwest distributed over $1.8 billion in dividends to its shareholders and bought back over $11 billion in its shares between 2011 and 2020.

Sen. Sanders previously bashed Southwest on Twitter for its "corporate greed," noting that the airline used $5.6 billion of its $7 billion in Covid relief on stock buybacks for shareholders rather than invest in its internal infrastructure.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

CNBC /  🏆 12. in US

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Everything ‘is on the table’ as Southwest Airlines CEO tries to prevent another meltdownEverything ‘is on the table’ as Southwest Airlines CEO tries to prevent another meltdownSouthwest Airlines CEO Bob Jordan outlined his short-term and long-term plan to make sure another operational breakdown doesn’t happen after canceling 16,700...
Baca lebih lajut »

Southwest seeks to revamp scheduling system after holiday meltdown, CEO saysSouthwest seeks to revamp scheduling system after holiday meltdown, CEO saysSouthwest Airlines Co. has hired an outside consulting firm and is working to strengthen a crew scheduling system after a meltdown roiled its...
Baca lebih lajut »

Exclusive: Southwest CEO says all options 'on the table' after carrier's meltdown, and vows responsibilityExclusive: Southwest CEO says all options 'on the table' after carrier's meltdown, and vows responsibilitySouthwest Airlines Co is looking at all options to ensure the operational meltdown it suffered last month is not repeated, Chief Executive Bob Jordan said on Thursday.
Baca lebih lajut »

Southwest CEO takes responsibility for the company's recent chaosSouthwest Airlines CEO Bob Jordan takes responsibility for the company's holiday flight meltdown: 'It just can't happen again'
Baca lebih lajut »

Sam Bankman-Fried speaks from Palo Alto: “I didn’t steal”Sam Bankman-Fried speaks from Palo Alto: “I didn’t steal”In November, Sam Bankman-Fried was CEO of one of the biggest crypto companies in the world. Now he's writing Substacks from his childhood home.
Baca lebih lajut »



Render Time: 2025-03-04 01:49:16