Southwest Delays Adding 'Hundreds' Of Planes | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne-Unmanned w/AUVSI

Airborne On ANN

AMA 06.22.17

Airborne 06.26.17

Airborne 06.27.17

Airborne 06.28.17

Airborne 06.22.17

Airborne 06.23.17

Airborne-Unmanned 06.27.17

Airborne-YouTube

AMA 06.22.17

Airborne 06.26.17

Airborne 06.27.17

Airborne 06.28.17

Airborne 06.22.17

Airborne 06.23.17

Airborne-Unmanned 06.27.17

XPONENTIAL Innovation Preview -- www.allthingsunmanned.com

Wed, Feb 29, 2012

Southwest Delays Adding 'Hundreds' Of Planes

Rising Fuel Costs, AirTran Integration Blamed

Most commentary linking rising oil prices with suppression of an economic recovery relies on vague generalizations. But Southwest Airlines is blaming the upward march of fuel costs for a change in expansion plans which could delay the deployment of hundreds of additional planes, citing the need to reach a target of a 15 percent return on investment.

The Wall Street journal reports Southwest CEO Gary Kelly (pictured), speaking in Chicago at an employee event, said of jet fuel prices, "We prepared for $3.30, and now we're going to have to be prepared for $3.50." He adds that fuel costs, with additional uncertainty surrounding costs to merge recently-acquired AirTran, may require "schedule adjustments."

Kelly adds plans remain on track to replace some older Boeing 737 variants with the 737-800 to increase capacity, and the first of the more-efficient new 737 MAX aircraft will begin arriving in 2017, part of a recent $19 billion contract with the manufacturer.

There were bright spots in Kelly's outlook. He says the AirTran acquisition will bring Southwest customers access to the world's busiest airport, Hartsfield-Jackson International in Atlanta, and add 22 cities to the list of those served, and an improvement in annual revenue of $400-500 million.

FMI: www.southwest.com

Advertisement

More News

ANN's 2017 AirVenture Innovation Preview is Going To Be A Stunner!

Early Confirmations Show An Amazing Assortment of Exciting New Products and Technologies! It may be the most impressive line-up of new technology to ever be featured in our Innovat>[...]

Airborne 06.27.17: SpaceX Doubles!, Sean Tucker Retirement, FA Changes

Also: Shoreham Update, Aero-Calendar, AUVSI, Fighter Pilots, André Borschberg, Airport Crimes, Drone Conference SpaceX, in the midst of a greatly accelerated launch pace, pu>[...]

Airborne-Unmanned 06.27.17: AUVSI On Senate Bill, Intel Olympics, NIGHTWARDEN

Also: DRL Winner $$, Kespry Enters Insurance Sector, Drone Sim Market, Automated Vehicles Symposium Brian Wynne, president and CEO of AUVSI, issued a statement on the unmanned airc>[...]

AMA Drone Report 06.22.17: FAA Reauthorization, Rotor Riot Int'l, DRL on ESPN

Also: Drones at Oshkosh!, Drone Regulatory Effort, AMA Drone Report-Help Wanted, Aero-TV: MultiGP Drone Racing The House of Representatives has published initial language to reauth>[...]

U.S. Rocketry Students Impress At Internationals, Win Gold

Students From Festus, MO Become Third Consecutive U.S. Team To Take Top Spot The 10-student team from Festus High School in Festus, MO bested the world's best rocketry teams and to>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC