00:00It's Benzinga bringing Wall Street to Main Street.
00:02Southwest Airlines will close flight attendant satellite bases in Fort Lauderdale and Austin
00:06as part of cost-cutting measures. The closures originally scheduled for June
00:10will now take effect on July 1st after an agreement with TWU Local 556.
00:16The airline said affected flight attendants can transfer to one of its main bases.
00:20Southwest has been cutting unprofitable routes and reducing staff, putting a 50% cut to corporate
00:25employees. Union President Bill Bernal acknowledged Southwest's right to close the bases,
00:29but noted the impact on flight attendants. For all things money, visit Benzinga.com slash GSTV.
Comments