Southwest Airlines slashes capacity by nearly 50 percent in June

Southwest Airlines — the second-busiest carrier in Houston — has made further adjustments to its schedule through June 27, a company executive said in an April 7 blog post.

Previously, Dallas-based Southwest Airlines Co. (NYSE: LUV) made adjustments to its schedule through June 5. The new schedule adjustments come during what is normally the start of the busy summer travel season. Southwest is cutting nearly 50 percent of flights, roughly 2,000 a day, from its network in June.

“We’re building…