By Tracy Rucinski
CHICAGO (Reuters) - U.S.
legacy airlines with lackluster employee demand for early exit packages face large furloughs in the fall, signaling higher post-pandemic labor costs because union contracts require airlines to furlough in reverse order of seniority.
This could create a competitive boost for budget carriers including Southwest Airlines, whose lower cost structure could help it win market share with cheaper fares, experts said.
Labor will be the biggest single cost for airlines struggling to weather the.....