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multigraincracker

(34,562 posts)
5. Just $825million. This after spending all most $6 billion on stock buy backs.
Mon Jan 9, 2023, 10:19 AM
Jan 2023
https://www.commondreams.org/news/southwest-airlines-shareholder-gifts

Southwest Airlines Spent $5.6 Billion on Shareholder Gifts in Years Ahead of Mass Cancellation Crisis

"Southwest Airlines made a risky gamble that mass layoffs and spending billions of dollars on handouts to investors rather than fixing infrastructure would pay off with record profits," said one watchdog. "The airline lost that bet badly.”

"Southwest Airlines made a risky gamble that mass layoffs and spending billions of dollars on handouts to investors rather than fixing infrastructure would pay off with record profits," said one watchdog. "The airline lost that bet badly.”
"Southwest Airlines made a risky gamble that mass layoffs and spending billions of dollars on handouts to investors rather than fixing infrastructure would pay off with record profits," Kyle Herrig, the president of Accountable.US, said in a statement. "The airline lost that bet badly and now it's their customers left paying the price including the thousands stranded in the middle of holiday season travel."

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