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Doug Parker - 1 Gary Kelly - 1 Scott Kirby - 1 John Laughter - 1 Sara Nelson - 1 Colleen Kollar - 1 Defendants - 1 Kotelly - 1
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Search resuls for: "Gary Kelly"


8 mentions found


☆ Delta, United must face class action over US airfares
  + stars: | 2023-09-13 | by ( Jonathan Stempel | Us Appeals Judge Faults Probe Of Federal Circuit'S Pauline Newman | Andrew Goudsward | ) www.reuters.com   time to read: +2 min
Two other defendants, American Airlines (AAL.O) and Southwest Airlines (LUV.N), previously settled for a respective $45 million and $15 million. Delta and United called their seating capacity reductions a legitimate response to reduced demand, rising fuel prices and the 2008 global financial crisis. Both carriers went through bankruptcy not long before the purported conspiracy began, with United emerging in 2006 and Delta emerging in 2007. United said it was disappointed with the judge's decision, and will seek to have it reconsidered or file an appeal. Payouts will not begin until claims against Delta and United are resolved.
Persons: Doug Parker, Gary Kelly, Scott Kirby, John Laughter, Sara Nelson, Colleen Kollar, Defendants, Kotelly, United, Jonathan Stempel, Grant McCool Organizations: American Airlines Group Inc, Southwest Airlines Co, United Airlines Holdings Inc, Delta Air Lines Inc, Delta Air Lines, United Airlines, Washington , D.C, American Airlines, Southwest Airlines, U.S . Department of Justice, Passengers, United, Delta, Antitrust Litigation, District of Columbia, Thomson Locations: U.S, Washington ,, New York
☆ Southwest Airlines’ CEO got 75% pay hike ahead of service meltdown
  + stars: | 2023-04-06 | by ( Chris Isidore | ) edition.cnn.com   time to read: +2 min
New York CNN —Bob Jordan, who took over as CEO of Southwest Airlines in February 2022, just 10 months before the airline’s epic holiday travel service meltdown, got a 75% pay hike last year. When he took over as CEO, Jordan was moving up from an executive vice president position, and the pay hike was part of his promotion. His predecessor as CEO, Gary Kelly, received $5.1 million in 2022, serving as CEO in January and executive chairman the rest of the year. That’s down from the $5.8 million Kelly received in 2021 and $9.8 million he received in 2020. Jordan is not the only new CEO getting a big raise with his promotion ahead of a costly problem for their company.
☆ Shareholders sue Southwest Airlines over flight meltdown
  + stars: | 2023-01-13 | by ( Jonathan Stempel | ) www.reuters.com   time to read: +2 min
REUTERS/Shelby Tauber//File PhotoJan 12 (Reuters) - Shareholders filed a lawsuit against Southwest Airlines Co (LUV.N) on Thursday, accusing the carrier of fraudulently concealing problems that led last month to an operational meltdown and more than 15,000 flight cancellations. Flight operations at Dallas-based Southwest buckled shortly before Christmas as a fierce winter storm swept across the United States. The carrier largely restored normal operations by Dec. 30, several days after other airlines had recovered. In an interview on Thursday, Jordan said Southwest was looking at all operations to avoid a repeat of the meltdown. The case is Teroganesian v Southwest Airlines Co, U.S. District Court, Southern District of Texas, No.
☆ Southwest shareholders are suing the airline, saying it hid the problems that caused its winter meltdown
  + stars: | 2023-01-13 | by ( Sinéad Baker | ) www.businessinsider.com   time to read: +3 min
Southwest shareholders are suing the airline following its mass flight cancellations in December. The lawsuit accuses it of downplaying or not noting previous issues in its scheduling system. The company cancelled almost 17,000 flights in December and said its scheduling system was a factor. Southwest cancelled significantly more flights than any other airline during the severe December weather. The vice captain of the Southwest Airlines Pilots' Association accused former Southwest Airlines CEO Gary Kelly, who stepped down in January 2022 but is still the company's executive chairman, of turning the airline "into a headquarters-centric cult."
☆ Southwest's ex-CEO turned the airline into a 'cult' that couldn't recover from its 'meltdowns', says pilots' union official
  + stars: | 2023-01-04 | by ( Ryan Hogg | ) www.businessinsider.com   time to read: +3 min
Southwest's former CEO created a "cult" focused on its headquarters, its pilots' union VP said. Captain Tom Nekouei said in an open letter that Gary Kelly's chickens had "come home to roost." Gary Kelly stepped down as CEO of Southwest Airlines in January 2022 but remains executive chairman. "Gary Kelly's only enduring legacy is that he destroyed Herb Kelleher's." A spokesperson for Southwest Airlines said it had a "more than 51-year history of allowing – and encouraging – its employees to express their opinions in a respectful manner."
☆ Southwest pilots union writes scathing letter to airline executives after holiday travel fiasco
  + stars: | 2023-01-03 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | Rob Wile | ) www.nbcnews.com   time to read: +4 min
The union, which remains locked in heated contract negotiations with Southwest Airlines, published the letter Dec. 31. Kelly served as Southwest CEO from 2004 until last February, and replaced Southwest co-founder Herb Kelleher as chairman in 2008. This is not an employees of Southwest Airlines problem. The union, Nekouei wrote, "has been beating this drum to management for nearly a decade pleading with them to spend the necessary capital to prevent the ultimate consequence someday." In an emailed statement responding to the union's letter, Southwest said that "it has a more than 51-year history of allowing — and encouraging — its Employees to express their opinions in a respectful manner."
☆ Analysis: Southwest got billions of dollars in taxpayer aid. Why is its service still a mess?
  + stars: | 2022-12-28 | by ( Alicia Wallace | ) edition.cnn.com   time to read: +10 min
Southwest Airlines received more than $7 billion from that program. However, analysts say, Southwest’s service meltdown is unrelated to the taxpayer assistance the airline received in 2020. Cancelled Southwest Airlines flights are seen on the flight schedules at LaGuardia Airport, Tuesday, Dec. 27, 2022, in New York. In April 2020, airline passenger traffic plummeted 96% and stayed 60% below 2019 levels in 2020, according to the US Government Accountability Office. “The problems at Southwest Airlines over the last several days go beyond weather,” she said in a statement.
☆ Why Southwest is melting down
  + stars: | 2022-12-27 | by ( David Goldman | ) edition.cnn.com   time to read: +6 min
By Monday, air travel was more or less back to normal – unless you booked your holiday travel with Southwest Airlines. More than 90% of Tuesday’s US flight cancellations are Southwest, according to flight tracking website FlightAware. Southwest warned that it would continue canceling flights until it could get its operations back on track. Similar to this month’s service mayhem, Southwest fared far worse than its competitors last October. While Southwest canceled hundreds of flights in the days following the peak of October’s disruption, competitors quickly returned to normal service.
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