Southwest could be ‘drastically smaller airline’ if things don’t improve by July, CEO says

Southwest Airlines Chairman and CEO Gary Kelly joined a growing group of airline executives who have warned employees about what will happen if current travel demand levels persist through the summer.

“If things don’t improve dramatically over the May, June, July time periods we’ll have to prepare ourselves for a drastically smaller airline,” Kelly told employees in a video message April 23.

“I am not predicting that,” he added, “but life can be very humbling and clearly this is a lesson that…