1,400+ Employees Participate in Freedom '09
The final participation numbers for Freedom '09 are in, and slightly more than 1,400 Employees elected to participate in the voluntary early-out program. We are very happy for those who decided to make a life change and take the package, but we will be sad to see them leave. Approved departure dates for these valuable and wonderful Family Members will generally fall between July 31, 2009 and April 15, 2010. Thanks to each of them for making this difficult decision and for helping the Company better align Customer demand and flight schedules with our staffing.
Take a look at today's second quarter financial results news release for relevant financial information.
While Freedom '09 is a significant step in the right direction, we still don't know what lies ahead for Southwest Airlines. We may have more difficult decisions to make as we continue to battle through this unprecedented economic crisis. Freedom '09 was a one-time offer, and we are so fortunate that we were able to offer this program during this challenging time.
The Southwest Airlines Leadership Team continues working diligently to focus on ways to reduce costs, increase revenues, and preserve the jobs of those Family Members who remain. Thanks to everyone for your openness to the numerous changes that have been made and for fully embracing these efforts.
