Southwest said it hopes to restore dividends and perhaps resume buying back its own shares in Executives laid out a five-year plan to raise revenue with a new credit-card deal with JPMorgan Chase, by capturing more business travel and adding the new fare level. Southwest needs revenue to keep up with rising costs. The company has raised pay for some jobs because of the tight labor market, and it is negotiating new contracts with unions for pilots and flight attendants.
Southwest struggled with high numbers of canceled flights over the summer and part of October, and several hundred flights a day continue to run late. To fix the operation, Southwest trimmed its schedule and expects to hire about 4, workers by year-end to replace some of those who quit during the pandemic.
The PYR token took an immediate hit once the hack was announced. Steve has been a blockchain writer for four years, and a crypto enthusiast for even longer. He is most excited by the application of blockchain to solve the challenges facing developing nations.
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