Southwest Airlines (LUV) plans to offer its pilots reduced hours and, in effect, monthly pay as it deals with higher costs and overstaffing due to delays in aircraft deliveries from Boeing (BA), two people familiar with the matter told Reuters’ Rajesh Kumar Singh.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LUV: