Eligible Southwest Airlines employees will get a bonus in March equivalent to about six weeks of pay, thanks to the airline’s profit-sharing program.The company said it will spend a total of $667 million on the incentive this year, up from $544 million in 2019.That sum includes money from the airline’s settlement with Boeing over its grounded 737 MAX fleet.Sign up for the free daily TPG newsletter for more airline news.“Our employees delivered outstanding results despite a challenging year, and it’s a pleasure to reward our people for all they contribute to our continued success,” Gary Kelly, Southwest’s CEO, said in a statement. “We recognize their resolve, persistence, resilience, and devotion to each other, our customers, and our cause.”For comparison, Delta Air Lines announced last month that it would contribute $1.6 billion, or about two months’ pay, to eligible employees on Valentine’s Day. American Airlines will spend $213 million on its profit-sharing program this year, and United Airlines will pay out about $491 million.Sign up for our daily newsletterEmail addressSign upI would like to subscribe to The Points Guy newsletters and special email promotions. The Points Guy will not share or sell your email. See privacy policy.Southwest has offered profit-sharing to its employees for 46 years. The airline said it was the first carrier to create such a program.
