Skift Take
Southwest CEO Gary Kelly is a realist who’s been through some tough downturns before. But he is frank about the unique challenges of this pandemic. He’s trying to adhere to some basic business school principles on erasing debt and building cash, while preserving long-held Southwest traditions on taking care of its people.
Southwest Airlines is still burning through $10 million a day in cash to survive this pandemic. CEO Gary Kelly tells Airline Weekly Editor Madhu Unnikrishnan that he grapples with how pare losses while trying not to have the first job reductions in the airline’s 50-year history during a talk during Skift Aviation Forum. For more on that interview, please read this story.
Watch the video of discussion in its entirety, below.
Photo Credit: Southwest Airlines CEO Gary Kelly speaking at Skift Aviation Forum online on November 19, 2020. Skift
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