Update (1220ET):

*SOUTHWEST COO: STILL SHORT ON WORKERS, ESPECIALLY FLIGHT CREWS

*SOUTHWEST COO COMMENTS ON CANCELLATIONS IN VIDEO FOR EMPLOYEES

*SOUTHWEST COO: `WE NEED MORE STAFFING CUSHION FOR DISRUPTIONS'

*SOUTHWEST COO: `CANNOT TELL YOU THAT WE ARE OUT OF THE WOODS'

As we noted on Sunday, Southwest airlines canceled nearly 2,000 flights over the weekend - blaming the Federal Aviation Administration (FAA) and inclement weather.

Oddly, no other major airlines had the same issues, while rumors swirled that airline employees had staged coordinated walk-outs (which their unions deny).