Southwest Airlines Expects 'Brutal Low-Fare Environment' --Bloomberg
May 29 2020 - 8:08PM
Dow Jones News
--Southwest Airlines Co. Chief Executive Gary Kelly said in a
video message to employees that he expects a "brutal low-fare
environment" as travel resumes, Bloomberg reported Friday.
--Mr. Kelly said the airline is "well prepared" for the
situation, and said "our low-cost philosophy, strategy and
structure will serve us very well," Bloomberg reported.
Full story:
https://www.bloomberg.com/news/articles/2020-05-29/southwest-air-sees-brutal-low-fare-pressure-in-virus-aftermath
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
May 29, 2020 19:53 ET (23:53 GMT)
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