Southwest Airlines' CEO isn’t waiting for economists to declare a technical downturn in the US economy: As far as he’s concerned, a recession already has started. “I don’t care if you call it a recession or not, in this industry that’s a recession.” www.bloomberg.com/news/article... - ThreadSky

bobburgess.bsky.social • 12 days ago

Southwest Airlines' CEO isn’t waiting for economists to declare a technical downturn in the US economy: As far as he’s concerned, a recession already has started. “I don’t care if you call it a recession or not, in this industry that’s a recession.”

https://www.bloomberg.com/news/articles/2025-04-24/southwest-ceo-says-us-airline-industry-is-already-in-a-recession

Comments

melt1917.bsky.social•11 days ago

And yet they are sticking with their bag fees and new seating system. 🙄

v-sjostrom.bsky.social•11 days ago

This his way of asking to be bailed out by the government (again) and then raise fees and reduce services? Are we going to be required to clean up and restock after we leave the plane now?

lovexlove4real.bsky.social•11 days ago

..#Tourism in America, pays the price!!! Trump TOTALLY sucks!!!!!!!!!!!!!!!!

jeannetteblue.bsky.social•11 days ago

Just heard the oligarchs want more consumption by public to help right the economic ship….after their guy tanked the economy. It’s always on us when they screw up.

nucenturymod.bsky.social•11 days ago

Please please share the article. I want to read that

jeannetteblue.bsky.social•11 days ago

Hit the oligarchs in the wallet. It’s all they understand.

rapidresponse47.bsky.social•11 days ago

Is this cover for his terrible decision to enrich shareholders by getting rid of their competitive advantage? Now any dip in profitability will be due to a “recession,” okay champ.

jasonwilliambuck.bsky.social•11 days ago

By the time investment banks tell you a recession is coming you will be a year into it and they will have already been day trading the volatility in the decline as your 401k has sunk by 20%. They will be using that time to make more money. Why would they spoil that?

nelosumk.bsky.social•11 days ago

Soon to be a full blown depression.

youvotedforthis2.bsky.social•11 days ago

If their business is down, part of it could be all the policy changes those that always chose SW didn't like.

turbosnail432.bsky.social•11 days ago

i wont be flying till trump and every person he appointed is gone and the faa is properly funded again. I dont care if tickets are $5

voltairesrage.bsky.social•11 days ago

When Musk is charge of the FAA nobody is checking if airline are doing any maintenance. It sure is telling when planes are falling out of the sky daily or catching on fire on the runway at take off. I'm not flying until everything Musk touched is ripped out and had security reinstalled.

bluejunkie.bsky.social•11 days ago

Well charging for Checked bags does not help business.

dustyk504.bsky.social•12 days ago

Guess all the canceled flights from people being broke is becoming obvious. Millions lost because of the tourism of The Traitor's policies. At least someone is saying it.

gnimie.bsky.social•11 days ago

Billions.

onetruejones.bsky.social•11 days ago

And it was entirely predictable and manufactured by the GOP and their enablers.
It's fucking mental.

parr4golfer.bsky.social•11 days ago

And Trump says the drop in tourism is not a big deal. 🙄

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