--Southwest Airlines Co. Chief Executive Gary Kelly said in a video message to employees that he expects a "brutal low-fare environment" as travel resumes, Bloomberg reported Friday.

--Mr. Kelly said the airline is "well prepared" for the situation, and said "our low-cost philosophy, strategy and structure will serve us very well," Bloomberg reported.

 

Full story: https://www.bloomberg.com/news/articles/2020-05-29/southwest-air-sees-brutal-low-fare-pressure-in-virus-aftermath

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

May 29, 2020 19:53 ET (23:53 GMT)

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