Southwest cancellations continue as rival carriers cap fares to help stranded flyers

Southwest cancellations continue as rival carriers cap fares to help stranded flyers


Travelers at Baltimore Washington International airport deal with the impact of Southwest Airlines canceling more than 12,000 flights around the Christmas holiday weekend across the country and in Baltimore, Maryland, December 27, 2022.

Michael McCoy | Reuters

Southwest Airlines slashed another 2,500 flights on Wednesday, sending more frustrated customers scrambling to find seats on other airlines.

The Dallas-based carrier’s cuts amounted to 60% of its schedule and marked another day of disruptions even as weather conditions and operations at other airlines improved.

Airlines have canceled thousands of flights since last week when severe winter weather roiled holiday travel around the U.S., but Southwest’s outsized disruptions have drawn scrutiny from the Biden administration and lawmakers. Southwest has blamed its performance on its internal systems.

To help stranded travelers, Delta Air Lines said Wednesday that it “capped fares in all the markets Southwest operates” and that the fares are valid through Saturday. American Airlines said it was capping fares in “cities severely affected by cancellations” and United said it has capped fares in “select cities.”

The airlines did not provide further details on the caps. The moves came after Transportation Secretary Pete Buttigieg urged other carriers to cap fares.

Southwest said it would reimburse travelers for “reasonable” hotel, meal and alternative transportation expenses if customers submit receipts. Earlier this week, Southwest CEO Bob Jordan told employees the carrier would fly just about one third of its schedule for several days to try to reset its operations.

Southwest shares fell more than competitors’ for a second day in a row.

Frustrations for travelers trying to find their home were heightened because the scarcity of of spare seats on other airlines during the busy holiday period.

Airlines will routinely limit last-minute fares, which are generally high and often coincide with limited seats, during emergencies like hurricanes so travelers can evacuate.



Source

Lunar New Year gives luxury brands a chance to win back big spenders in China
Business

Lunar New Year gives luxury brands a chance to win back big spenders in China

Luxury brands from Harry Winston to Loewe are going all in on Lunar New Year collections in a bid to attract Chinese customers. Ahead of the Year of the Horse, which starts on Tuesday, Harry Winston unveiled a limited-edition, $81,500 rose gold watch with diamond bezels and a red lacquer horse. High-end fashion brand Chloé […]

Read More
AI disruption could spark a ‘shock to the system’ in credit markets, UBS analyst says
Business

AI disruption could spark a ‘shock to the system’ in credit markets, UBS analyst says

Mesh Cube | Istock | Getty Images The stock market has been quick to punish software firms and other perceived losers from the artificial intelligence boom in recent weeks, but credit markets are likely to be the next place where AI disruption risk shows up, according to UBS analyst Matthew Mish. Tens of billions of […]

Read More
How packaging and logistics companies are automating their warehouses
Business

How packaging and logistics companies are automating their warehouses

DHL Autonomous Robot at work. Source: DHL Workers at DHL Group used to walk close to a half marathon each day just to classify, pick and move items across massive warehouses. Now, their distance and efforts are greatly reduced by autonomous mobile robots that can unload containers for the package delivery and supply chain management […]

Read More