Southwest Chaos Is Told-You-So Moment After Warnings on Old Tech

December 29, 2022

“That’s a leftover image from decades ago — I don’t think it’s true,” Chief Operating Officer Andrew Watterson said in an interview. Southwest shares fell 5.2% on Wednesday in New York, after a 6% drop on Tuesday that was the biggest since July. So far, flight tracker FlightAware.com shows Southwest has only officially canceled about three dozen flights on Friday. With plans to hire more next year, Southwest says 40% of its workers will be new to the airline by the end of 2024. Most Read from Bloomberg Businessweek©2022 Bloomberg L.P.