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"In the wake of a computer outage and operational meltdown last month that led to the cancellation or delay of thousands of flights on Southwest Airlines, the carrier’s pilots union said it took a unanimous vote of no confidence in the company’s two top executives.", www.myajc.com
"For the past couple of years, airline CEOs and Wall Street analysts have been heralding a new era of big, durable profits for America's major carriers. Airlines had learned a painful lesson from past price wars. The steep fall in fuel prices was helping things. Get past the rhetoric, though, and investors will find that the airlines haven't fundamentally changed their ways.", fortune.com
"DALLAS — Two major unions at Southwest Airlines are demanding that the carrier replace CEO Gary Kelly because of the technology outage that caused the airline to cancel or delay thousands of flights in July. The unions representing pilots and mechanics said Monday that Southwest is spending too much on buying back shares and not enough on updating its technology. The leader of the mechanics’ union said the outage was “the final straw” on top of unsettled contract negotiations and other disappointments. In a letter Monday, Jon Weaks, president of the Southwest Airlines Pilots Association, said change is needed to make the company “more stable, sustainable and profitable.” Louie Key, national director of the Aircraft Mechanics Fraternal Association, said management has dragged out contract negotiations and made stopgap fixes to operating systems rather than investing in upgrades.", www.sfgate.com
"AURORA, Colo. – August 1, 2016 – On the heels of the Southwest Airlines historic system meltdown, the Aircraft Mechanics Fraternal Association (AMFA) has joined with the Southwest Airlines Pilots’ Association (SWAPA) in conducting a vote of “No...", www.aviationpros.com
"NEW YORK (AP) — Stocks are slipping on Wall Street along with the price of oil. Benchmark U.S. crude has dropped below $40 a barrel in New York, causing big drops in the share prices of energy companies. Exxon Mobil and Chevron were down 3 percent or more. That's been a weight on the Dow and the S&P 500, though each is down less than one percent. Meanwhile, the Nasdaq composite has been in positive territory all day.", www.oaoa.com
"Southwest Airlines Co. pilots called for the replacement of Chief Executive Officer Gary Kelly, saying a nationwide computer outage that grounded the carrier last month capped a list of problems caused by a “misguided focus” on cost control and stock performance. “We can no longer sit idly by and watch poor decision after poor decision deeply affect our customers and Southwest Airlines,” Jon Weaks, president of the Southwest Airlines Pilots’ Association, said in a statement Monday. The union, re", www.bloomberg.com