For Southwest Airlines Co., demand is getting a little better, capacity will be slashed more than previously thought this quarter and the airline won't take a $2.8 billion loan offered by the U.S. government. Those were the major takeaways from an investor update Southwest Airlines filed Wednesday morning. The Dallas-based airline — the largest carrier operating at Phoenix Sky Harbor International Airport — detailed how much revenue and capacity is expected to be down in the third quarter...

Approximately 14 percent of Southwest Airlines employees have taken one of two leave options the company offered in an attempt to slash expenses. Julie Weber, vice president and chief people officer of Southwest Airlines Co., shared the details with employees July 9 in a memo, a copy of which was viewed by the Dallas Business Journal. Recent Stories from abc15.com Southwest has been offering employees leave since the pandemic started. Over a month ago, it outlined two new options: voluntary...

Southwest Airlines and American Airlines, the two largest airlines at Phoenix Sky Harbor International Airport, are bracing employees for potential furloughs. The surge in Covid-19 cases across the country has dampened optimism the industry was feeling in June as people were starting to get back on planes. Airlines are now coming to grips with the fact they have too many employees for the number of passengers they expect to carry for the foreseeable future. Recent Stories from...

Posted at 8:43 AM, Apr 28, 2020 and last updated 8:43 AM, Apr 28, 2020 American Airlines ended a years-long dispute with its mechanics in late March with the ratification of a new contract. And earlier this month, the two sides also ended a dispute over whether the mechanic unions should have to pay sanctions. Previously, American Airlines Group Inc. sought sanctions against the Association, a joint venture of the International Association of Machinists and Aerospace Workers and the Transport...

Posted at 9:57 AM, Apr 08, 2020 and last updated 9:57 AM, Apr 08, 2020 Southwest Airlines made further adjustments to its schedule through June 27, a company executive said in a blog post Tuesday. Previously, Southwest Airlines Co. had made adjustments to its schedule through June 5. The new schedule adjustments come during what is normally the start of the busy summer travel season. Southwest is cutting nearly 50 percent of flights, roughly 2,000 a day, from its network in June. Copyright...