Southwest Airlines revised down its estimated capacity for the third quarter (Q3) of 2020, despite observing “modest improvement” in revenue and demand trends recently.
Sixteen Republican Senators signed on to a letter urging the chamber’s leadership to extend the CARES Act Payroll Support Program (PSP) until March 2021, signaling growing bipartisan consensus that more aid will be needed to avert mass layoffs this fall.
As airlines and airports around the world recover from the challenges created by the COVID-19 pandemic, Routes' latest infographic looks at the current state of the global aviation market.
A sudden reversal in incrementally positive demand trends will force Southwest Airlines to scale back its 2020 capacity plans, but executives are confident that the headwinds will not force it to cut staff beyond what voluntary programs will accomplish.
Southwest Airlines estimates having enough liquidity to survive another two years at current demand levels, positioning it to challenge the “Big 3” U.S. carriers for domestic market share through an anticipated COVID-19 recovery.
As airlines and airports around the world recover from the challenges created by the COVID-19 pandemic, Routes' latest infographic looks at the current state of the global aviation market.
The U.S. FAA will order Boeing 777 operators to validate the accuracy of fuel-quantity check systems following reports that inaccurate tank status data caused aircraft to depart with too little fuel for their planned missions, leading to at least 10 diversions.
Southwest Airlines plans to shrink its headcount through employee buyouts, as it seeks to align staffing levels with the decline in demand caused by the COVID-19 pandemic.
Southwest Airlines has said it received its second disbursement of payroll support from the U.S. federal government, which will enable the airline carrying the most U.S. domestic air passengers to avoid furloughs or shrinking the size of the LCC through Sept. 30.
