Southwest Airlines will share $230 million with employees after pulling in a $977 million profit for the full year 2021, a perk that disappeared in 2020...
How much each exact employee gets in profit-sharing is based on their union contracts and how long they’ve worked with the company.
But at least it was something for Southwest employees after the company reported that its capacity was down 16% last year compared to 2019 and revenues were even worse, about 30% lower.the aviation industry competes with the rest of the economy for a smaller supply of labor Southwest has had to extend holiday incentive pay through February to “maintain sufficient available staffing to minimize flight cancellations.”
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