Early outs

[LD3]

Story

 

[jimntx]

SWA continues to prove itself the class act of the airline industry--particularly in regard to its labor/management relations. We were told at AA that buyouts/early outs were way too expensive and we didn't have that kind of money. Of course, the executives did collect their bonusses on the 15th--the same day we announced a $375 million loss for the 1st quarter.

Bitter! Party of one, your table's ready.

 

[SharoninSAT]

It is my understanding that the specific details about
Freedom '09 will be communicated on May 4.

 

[SharoninSAT]

The final participation numbers for Freedom '09 are in
and are slightly more than 1,400 Employees systemwide.
The Employees who elected to participate in the voluntary
eary-out program approved departure dates will fall
between Jul.31 and Apr.15, 2010.

 

[WNjetdoc]

In Mx the early outs has resulted in a shortage of mgt types. There are really no mech thats want to go into mgt as their is no incentive....we will have to see what happens.