Southwest offers buyout packages, temporary leaves to 'ensure survival'

(Reuters) - Southwest Airlines Co on Monday extended buyout packages and temporary paid leaves to employees in what its chief executive said was an effort to "ensure survival" as the carrier braces for a slow recovery from the coronavirus pandemic, according to documents detailing the packages that were seen by Reuters.Southwest, which has not imposed any layoffs or furloughs in its 49-year history, said its flying capacity would probably be down about 30% in the fall."While overstaffing isn't..