Southwest Airlines announces six-week extra pay profit share
Southwest Airlines just had a rough year but will still reward employees with a big bonus.
The past year saw a damaging dispute with mechanics, disruption due to the 737 Max grounding and a number of safety issues.
Still, like every year it turned a profit, even though it was down nearly 7%.
It is giving its 60,000 employees a $667 million profit-sharing bonus which equals about six week’s extra pay.
Some workers will get the bonus added to their retirement accounts.
Part of it has been financed from compensation paid out by Boeing fro the continued grounding of Max jets.
Southwest is the largest Max customer in the US.
"Our employees delivered outstanding results despite a challenging year, and it’s a pleasure to reward our people for all they contribute," Southwest Airlines CEO Gary Kelly said in a statement.
This is the 46th year in a row Southwest has turned a profit and paid out a bonus to its workers.
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Phocuswright reveals the world's largest travel markets in volume in 2025
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Singapore to forbid entry to undesirable travelers with new no-boarding directive
Euromonitor International unveils world’s top 100 city destinations for 2025