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Share The New York state pension fund overseer has asked Southwest Airlines to explain how it plans to prevent future operational catastrophes, like the one over the holiday season

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The New York state pension fund overseer has asked Southwest Airlines to explain how it plans to prevent future operational catastrophes, like the one over the holiday season

Jan 10 2023 by Business Insider

Southwest Airlines faces up to $825 million in losses from its recent operations meltdown.

Michael Ciaglo/Getty Images

The New York State comptroller pressed Southwest Airlines to explain how it plans to avoid another operational meltdown. The carrier canceled more than 16,700 flights between December 21 and 31, amid the holiday travel season. Southwest estimated the meltdown in December will cost the airline $825 million.

The overseer of one of the largest public pension funds in the US is...

Continue Reading The New York state pension fund overseer has asked Southwest Airlines to explain how it plans to prevent future operational catastrophes, like the one over the holiday season