Southwest Airlines

Supreme Court rules airline cargo handlers exempt from arbitration

A female ground worker lifts a box from a cart onto a conveyor belt used to load a blue, yellow and red Southwest Airlines jet.

The U.S. Supreme Court on Monday unanimously ruled that a federal exemption against mandatory arbitration in wage-and-hour disputes for interstate transportation workers covers cargo loaders at Southwest Airlines, enabling a class action suit over overtime pay to proceed.

Justice Clarence Thomas’ opinion in Southwest Airlines Co. v. Saxon said cargo handlers are engaged in interstate and foreign commerce and subject to the Federal Arbitration Act, which exempts certain classes of transportation...

https://www.freightwaves.com/news/supreme-court-rules-airline-cargo-handlers-exempt-from-arbitration

Southwest Airlines cargo worker fights arbitration at Supreme Court

A person loads packages on a ramp into rear of a Southwest Airlines jet.

The U.S. Supreme Court will hear oral arguments on March 28 in a case involving Southwest Airlines over whether airline cargo handlers are transportation workers who are not required to arbitrate employment-related disputes.

The Federal Arbitration Act (FAA) generally requires enforcement of private agreements, but exempts seamen, railroad employees or other workers engaged in foreign or interstate commerce from arbitration to limit labor strife that prevents goods movement critical to the...

https://www.freightwaves.com/news/southwest-airlines-cargo-worker-fights-arbitration-at-supreme-court

More manufacturing, transportation-related layoffs in Texas

Disruptions caused by the coronavirus pandemic and budget cuts will cost an additional 1,063 people their jobs, according to a new round of worker reduction notices to state officials on Friday.

According to reports, Southwest Airlines, auto parts supplier Hilite Industries Automotive and grocery store chain Tom Thumb are among the businesses that have conducted layoffs in recent days.

Dallas-based Southwest Airlines (NYSE: LUV) has issued 1,322 furlough warnings to employees across Texas since...

https://s29755.pcdn.co/news/more-layoffs-in-texas

XPO, Southwest Airlines cutting jobs in Texas

XPO Logistics and Southwest Airlines announced this week they could eliminate as many as 186 jobs in Texas, according to a Worker Adjustment and Retraining Notification (WARN) Act notice filed with the state.

XPO Logistics (NYSE:XPO) said it could be cutting up to 53 jobs at its distribution center (DC) in Lancaster, Texas, after one of its customers announced it would be “making a business model change.”

“The consolidation will result in the customer absorbing the work currently performed by XPO...

https://www.freightwaves.com/news/xpo-southwest-airlines-cutting-jobs

Southwest Airlines records $1.2B Q3 loss

Southwest Airlines

Southwest Airlines (NYSE: LUV) on Thursday reported a $1.2 billion net loss in the third quarter, a result of the continued impact of the coronavirus tamping down domestic passenger travel.

Excluding special items, the airline recorded a net loss of $1.2 billion for the quarter, while its operating revenues reached $1.8 billion, down 68.2% year-over-year

“We are encouraged by modest improvements in leisure passenger traffic trends since the slowdown in demand experienced in July,” said Southwest...

https://s29755.pcdn.co/news/southwest-airlines-records-12b-q3-loss

Hurricane Laura: United Airlines cancels flights, cargo delayed

White jets with blue tails pass each other at Houston's main airport.

A total of 414 flights were canceled at George Bush Intercontinental Airport in Houston as of Wednesday afternoon as Hurricane Laura, now a Category 4 storm, bears down on the Texas coast.

The Houston Airport System also said on its website that 66 flights have been canceled at Hobby Airport.

United Airlines has canceled more than 600 flights across its network, including all flights through its hub at Houston Intercontinental Airport, for Wednesday and Thursday. Flight cancellations also impact...

https://www.freightwaves.com/news/laura

United Airlines goes on cargo tear

Hydraulic lift platform lifts cargo pallets to door of United Airlines jet. United Airlines has figured out how to make money off of cargo during the pandemic.

Airlines have touted how much dedicated cargo flying they’re doing with transformed passenger planes, but United Airlines is the only major U.S. carrier where cargo is boosting the bottom line during the COVID pandemic.

United’s second-quarter earnings last week included an eye-popping 36.3% increase in cargo revenue to $402 million. Cargo-ton-miles were up 40.3% to 496 million. Even more impressive is the fact that cargo revenue represented 27.3% of the company’s total operating revenue...

https://s29755.pcdn.co/news/united-airlines-goes-on-cargo-tear

COVID hits Southwest Airlines with $1.5B Q2 loss

A Southwest Airlines jet pained in blue takes off at desert airport. Southwest posted a $1.5 billion second-quarter loss.

Southwest Airlines (NYSE: LUV) recorded a $1.5 billion adjusted net loss in the second quarter, a direct result of the devastating impact of the coronavirus pandemic on passenger travel.

Revenues plummeted 83% to $1 billion. Including special charges, Southwest’s net loss was $915 million. Before taxes, Southwest lost $1.2 billion.

During the second quarter of 2019, Southwest had $5.9 billion in revenue and net income of $714 million.

Delta Air Lines (NYSE: DAL), United Airlines (NASDAQ: UAL) and...

https://www.freightwaves.com/news/covid-hits-southwest-airlines-with-1-5b-q2-loss

Airlines fight to exit ‘intensive care’

A white United Airlines plane in storage on tarmac.

Despite signs of modest improvement in passenger traffic and the lifting of many coronavirus restrictions, airlines aren’t relaxing efforts to shore up balance sheets and restructure in hopes of remaining solvent until demand returns in a meaningful way years from now.

Since Friday, several U.S. and international airlines have announced they are receiving more government assistance to stay afloat, implementing reorganization plans and laying off workers. Still, some airline executives are...

https://s29755.pcdn.co/news/airlines-fight-to-exit-intensive-care

U.S. airlines add June capacity as passenger bookings inch back

Bright blue and orange Southwest jet comes in for landing wheels down.

Airlines are beginning to show small signs that they’ve escaped the market’s rock bottom and are attracting more customers as states begin easing coronavirus stay-home orders. 

The flickers of returning passenger demand are leading them to add back some capacity into their networks. The additional flights also will help shippers that need air transport for their goods.

United Airlines on Tuesday said it has seen a reduction in customer cancellation rates and a moderate improvement in demand in...

https://www.freightwaves.com/news/us-airlines-add-june-capacity-as-passenger-bookings-inch-back

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