
Southwest Airlines leaders painted an increasingly bleak picture of the airline’s situation in messages to employees Monday, describing planes that are only 20% full, an upcoming voluntary leave program and a need for “billions of dollars of immediate liquidity within weeks.”
The messages from leaders, including CEO Gary Kelly, said the company would cut another 500 flights a day from schedules through April 14, bringing the total number of daily flights reduced since Friday to 1,500.
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