The Dallas-based airline disclosed in a proxy filed on Thursday that the estimated value of Jordan’s compensation rose from $3 million in 2021, when he was executive vice president.
The eventual value of the stock awards will depend on the company’s financial performance from 2022 through 2024. Several airlines canceled flights just before Christmas due to a winter storm, but it took Southwest longer to recover due to mix-ups with the crew-scheduling system.The airline said the breakdown cost it about $800 million in lost revenue in the fourth quarter and up to $350 million more early this year.
The airline informed passengers that it had hired transportation consulting firm Oliver Wyman to analyze what went wrong and to recommend changes.
😂 ridiculous
Nice work if you can get it huh?!