Southwest Chairman & CEO Gary Kelly on Flight Cancellations, Labor Shortages and Vaccine Mandates. Plus, Worker Returns to the Office Hit a Pandemic High, Oil After $80 and Market Impact, and Jamie Dimon Says "Bitcoin Is Worthless"

Squawk on the Street

Carl Quintanilla, Jim Cramer and David Faber explored the challenges facing Southwest Airlines: More than 2,000 flights canceled since the beginning of the past weekend, staff shortages and air traffic control issues in the mix, along with Texas Governor Greg Abbott announcing a ban on COVID vaccine mandates in his state -- though Southwest disputes the idea that cancellations are due to employees protesting such a mandate. Southwest Chairman & CEO Gary Kelly appeared on the program and faced tough questions from the anchors on these issues. Carl, Jim and David also discussed new data which show that the return of workers to the office has reached a pandemic high of just over 36%. Also in focus: Markets and inflation - oil prices above $80 and why Cramer thinks the natural gas rally has peaked, the Netflix stock run-up amid buzz surrounding the drama series "Squid Game" and JPMorgan Chase CEO Jamie Dimon telling a finance group event that "bitcoin is worthless" and weighing in on supply chain problems.