unaligned

Southwest resumes normal operations after recent disruptions

Southwest said Wednesday it had resumed normal operations after mass cancellations since Saturday due to unfavorable weather and air traffic issues in Florida. However, many users faced problems with Southwest Airlines' website on Wednesday, according to user reports on web monitoring group Downdetector. The company, in response, said it was unaware of any outages affecting Southwest. The US airline canceled more than 2,200 flights since Saturday, with about 90 cancellations on Tuesday out of almost 3,300 flights scheduled. Southwest COO Mike Van de Ven had said in a message to employees late on Sunday that the sudden flight cancellations had caused staff shortages and may lead to a reduction in the number of flights the company can operate in November and December.<br/>

Jeju Air to raise W127b via stock sale for post-pandemic biz

Jeju Air Co., South Korea's biggest budget carrier, said Thursday it will raise 127b won ($107m) by selling stocks in preparation for the post-coronavirus era. Jeju Air plans to issue 11.26m shares at 18,350 won per share to employees and existing shareholders from Oct. 18-19 and list the stocks on the main Korea Exchange (KRX) on Nov. 19, the company said in a regulatory filing. "The planned rights issue is to secure operating capital as the country aims to gradually shift to a phase of 'living with COVID-19' from mid-November," a company spokesman said. Under the "With Corona" scheme, COVID-19 is treated as an infectious respiratory disease, like seasonal influenza, with eased distancing being implemented. In June, Jeju Air resumed flights to Saipan in a preemptive measure to absorb post-pandemic travel demand. The low-cost carrier has suspended most of its flights on international routes since early last year due to countries' entry restrictions.<br/>