Southwest and corporate self-dealing
By 
Southwest Airlines having a disastrous holiday season:
Southwest Airlines Co. on Tuesday said it would limit new bookings on the planes it plans to fly in the coming days, and the airline came under more scrutiny from Washington for its holiday storm meltdown.
Southwest canceled 2,677 flights, or 65% of its scheduled Tuesday departures, according to data from FlightAware. The airline said Monday its reduced schedule would extend at least until Thursday. The carrier has canceled close to 11,000 flights since last Thursday as it has struggled to stabilize operations hampered amid the wintry weather.
Meanwhile, Southwest customers across the country were still struggling to get to their destinations, and many had become separated from their luggage along the way.
A major reason for this is that its executives have used the airline’s profits to enrich themselves and the company’s shareholders rather than, say, updating the company’s dogshit software:
In the five years leading up to the pandemic, #SouthwestAirlines spent $12.6B on stock buybacks and dividends, according to the company’s 2015 through 2019 SEC filings. In early 2020, Southwest boasted that 2019 was its “47th consecutive year of profitability” https://t.co/Rtal1C8MPU— Marcus Weisgerber (@MarcusReports) December 28, 2022
It’s not easy to make Spirit look good by comparison but they’ve pulled it off!