Southwest probes cancellations, says shutdown cost $60 million
Last edited Wed Feb 20, 2019, 12:39 PM - Edit history (1)
Source: Reuters
Ankit Ajmera
(Reuters) - Southwest Airlines Co added a $60 million hit from the recent U.S. government shutdown to its list of headaches on Wednesday as it investigated whether a conflict with its mechanics union was adding to a rise in flight cancellations.
The United States’ fourth-largest airline also cut its forecast for first-quarter revenue per seat mile on Wednesday, citing weak passenger demand and the impact of the shutdown.
Shares of the company, which has been cancelling flights in recent days due to bad weather and a large number of unscheduled maintenance issues, fell more than 6 percent, dragging down other airlines.
Goldman Sachs issued a “sell” recommendation on the stock, saying that the airline may have to slash fares on its new Hawaii route because of a delay in launching the service caused by the December and January shutdown.
Read more: https://www.reuters.com/article/us-southwest-outlook/southwest-probes-cancellations-says-shutdown-cost-60-million-idUSKCN1Q91GA
The company said that they would be investigating the maintenance cancellations................really maintenance personnel are doing the work per the manufactures specification, and the FAA regulations for a safe operation of the flight, and then zippy the bean counter
Chief Operating Officer Mike Van de Ven basically is a walking threat to safety.....................FUCK YOU.
I would put up my FAA License against your license: (if you have one...............dude)......................I don't like the FAA bringing me down to Washington with my License to answer some questions if something goes wrong....................
