Category: operational meltdown
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Southwest Airlines Faces Class Action Lawsuit For Failing to Warn Shareholders About its Antiquated Computer Systems
Written by Mateusz Maszczynski @ Paddle Your Own Kanoo A Southwest Airlines investor has accused the carrier of fraud in a new class action lawsuit facing the Dallas-based airline following a disastrous operational meltdown over the Christmas holidays that is already estimated to have cost Southwest $825 million in costs and compensation payouts. The latest…