Southwest’s Mark Shaw: ‘Breadth of Issues the Past Year was Unimaginable’
Mark Shaw has seen a lot of crises during his 21 years as a lawyer at Southwest Airlines, but nothing like the Covid-19 pandemic. Shaw and his legal team were front and center in dealing with nearly all aspects of the pandemic. Critical were multiple securities offerings, convertible notes and federal loans and grants from the federal government that allowed Southwest to raise an extraordinary $18.5 billion in capital in a period of a few months - moves that allowed the airline to avoid drastic budget cuts.





