{"id":533175,"date":"2022-12-30T19:26:20","date_gmt":"2022-12-30T16:26:20","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/southwest-airlines-admits-financial-impact-from-holiday-chaos\/"},"modified":"2022-12-30T19:26:20","modified_gmt":"2022-12-30T16:26:20","slug":"southwest-airlines-admits-financial-impact-from-holiday-chaos","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/southwest-airlines-admits-financial-impact-from-holiday-chaos\/","title":{"rendered":"#Southwest Airlines admits financial impact from holiday chaos"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a413ba8bd3d4\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a413ba8bd3d4\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/southwest-airlines-admits-financial-impact-from-holiday-chaos\/#%E2%80%9CSouthwest_Airlines_admits_financial_impact_from_holiday_chaos%E2%80%9D\" >&#8220;Southwest Airlines admits financial impact from holiday chaos&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CSouthwest_Airlines_admits_financial_impact_from_holiday_chaos%E2%80%9D\"><\/span>&#8220;Southwest Airlines admits financial impact from holiday chaos&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<aside class=\"single__inline-module alignleft\">\n        <\/aside>\n<p>Southwest Airlines admitted it expects a significant financial hit this quarter after its wave of holiday flight cancellations caused chaos for <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/trip-and-travel\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"Trip &amp; Travel\" target=\"_blank\" rel=\"noopener\">travel<\/a>ers and prompted intense federal scrutiny.<\/p>\n<p>The embattled air carrier has faced calls to make its furious customers financially whole after scr<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ing more than 16,000 flights since last week. <\/p>\n<p>In an update posted on the company\u2019s website Friday morning, Southwest confirmed it was back to \u201coperating our normal schedule\u201d and expected \u201cminimal disruptions for the weekend.\u201d<\/p>\n<p>But the fallout is expected to hammer Southwest\u2019s bottom line.  Some financial analysts say Southwest\u2019s holiday implosion could slash up to 9% from its expected fourth-quarter earnings, Reuters reported.<\/p>\n<p>Southwest\u2019s chief commercial officer Ryan Green hinted at looming financial ramifications during a call with reporters, acknowledging that \u201cthere\u2019ll certainly be an impact in the fourth quarter.\u201d<\/p>\n<p>\u201cWe\u2019re \u2026 working through all the financial elements of this,\u201d Green said Thursday afternoon. \u201cWe\u2019ll share that information when we have all that compiled and are ready to do that.\u201d<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/southwest-airlines-employee-baggage-claim-burbank.jpg?w=1024\" alt=\"Southwest Airlines\" class=\"wp-image-25183688\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/southwest-airlines-employee-baggage-claim-burbank.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/southwest-airlines-employee-baggage-claim-burbank.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/southwest-airlines-employee-baggage-claim-burbank.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>A Southwest executive confirmed there would \u201ccertainly\u201d be a financial loss from the chaos.<\/figcaption><figcaption><span class=\"credit\">AFP via Getty Images<\/span><\/figcaption><\/figure>\n<p>Southwest executives confirmed they plan to refund tickets for impacted travelers as well as reimburse for meals, hotels and car rentals after facing harsh criticism from lawmakers and Treasury Secretary Pete Buttigieg. <\/p>\n<p>The company has declined to provide a more specific estimate or reveal how many of its customers were affected by the meltdown. Green acknowledged it would likely take weeks for Southwest to process all the reimbursements.<\/p>\n<p>\u201cIf you had to make alternative travel arrangements like hotels, meals, rental cars, gas for rental car, those will qualify for reimbursements,\u201d Green said on the call.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/southwest-airlines-cancelled-flights-board.jpg?w=1024\" alt=\"Southwest Airlines\" class=\"wp-image-25183687\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/southwest-airlines-cancelled-flights-board.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/southwest-airlines-cancelled-flights-board.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/southwest-airlines-cancelled-flights-board.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Southwest canceled more than 16,000 flights over the last week.<\/figcaption><figcaption><span class=\"credit\">AP<\/span><\/figcaption><\/figure>\n<p>Southwest was responsible for the vast majority of flight cancellations in recent days as bad winter weather pummeled much of the country. Critics claim the airline has antiquated <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> that left it ill-equipped to adjust to staffing challenges as employees called out of work.<\/p>\n<p>\u201cOnce again, we value the continued patience and support of our valued Customers, and we apologize for the inconveniences of the past week,\u201d the airline said in a statement.<\/p>\n<p>FlightAware data showed the carrier had canceled 41 flights on Friday, or about 1% of its schedule, after nixing more than 2,300 trips a day earlier and more than 16,000 over the last week.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/southwest-airlines-stressed-passenger.jpg?w=1024\" alt=\"Southwest Airlines\" class=\"wp-image-25183691\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/southwest-airlines-stressed-passenger.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/southwest-airlines-stressed-passenger.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/southwest-airlines-stressed-passenger.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Southwest Airlines\u2019 flight cancellations left many passengers stranded.<\/figcaption><figcaption><span class=\"credit\">AP<\/span><\/figcaption><\/figure>\n<p>Buttigieg slammed Southwest Airlines for \u201cunacceptable\u201d travel disruptions in a letter to CEO Bob Jordan on Thursday. He demanded that Southwest \u201cbegin by reimbursing passengers for those costs that can be measured in dollars and cents.\u201d<\/p>\n<p>The Biden cabinet member has warned Southwest will face federal penalties if it does not comply.<\/p>\n<p><em>With Post wires<\/em>\n                        <\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/12\/30\/southwest-airlines-admits-certain-financial-impact-from-holiday-travel-chaos\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Southwest Airlines admits financial impact from holiday chaos&#8221; Southwest Airlines admitted it expects a significant financial hit this quarter after its wave of holiday flight cancellations caused chaos for travelers and prompted intense federal scrutiny. The embattled air carrier has faced calls to make its furious customers financially whole after scrapping more than 16,000 flights&#8230;<\/p>\n","protected":false},"author":1,"featured_media":533176,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/12\/southwest-airlines-holiday-travel-chaos-comp.jpg?quality=75&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[137810,70996,70237,71981,80998,86817,76847],"class_list":["post-533175","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-12-30-22","tag-air-travel","tag-corporate-earnings","tag-flights","tag-holiday-travel","tag-pete-buttigieg","tag-southwest-airlines"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/533175","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=533175"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/533175\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/533176"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=533175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=533175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=533175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}