Southwest Defers Delivery Of 30 B737 Airliners | 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






Airborne On ANN

Airborne 10.24.16

Airborne 10.25.16

Airborne 10.26.16

Airborne 10.20.16

Airborne 10.21.16

Airborne Hi-Def On YouTube

Airborne 10.24.16

Airborne 10.25.16

Airborne 10.26.16

Airborne 10.20.16

Airborne 10.21.16

Fri, May 18, 2012

Southwest Defers Delivery Of 30 B737 Airliners

Move Expected To Save The Airline $1 Billion

At its shareholders meeting Wednesday, Southwest said that it would delay taking delivery of 30 Boeing 737-800 airliners it has on order with the planemaker. The move is expected to save the budget carrier more than $1 billion in capital spending.

Bloomberg Businessweek reports that CEO Gary Kelly told investors that the company is "more conservative right now in our ambitions with respect to expansion." He said the primary short term goal is hitting the profit target, and that "We'll have plenty of aircraft in future years to be able to grow the airline."

20 of those 737s would have been delivered next year, with the additional 10 for 2014. Those airplanes will now join the Southwest fleet in 2017 and 2018.

Kelly also said that he's told employees they will have to be "diligent" in trimming spending and finding efficiencies in the business.

Boeing currently has 245 single-aisle 737s on its order book for Southwest, which was the first airline to sign up for the re-engined 737-MAX.



More News

Airborne 10.25.16: The Aviation World Mourns Bob Hoover

Also: Rockwell Collins Buys B/E Aerospace, Airport Licensing, Drone Permits, Revised LODA, Aero-Calendar, Aerosonde HQ SUAS, Gogo Business Aviation, Hilf New CEO Of Vulcan, Battle >[...]

AD: Honeywell International Inc. Turboprop Engines

AD NUMBER: 2016-21-07 PRODUCT: All Honeywell International Inc. (Honeywell) TPE331-1, -2, -2UA, -3U, -3UW, -5, -5A, -5AB, -5B, -6, -6A, -10, - 10AV, -10GP, -10GT, -10P, -10R, -10T,>[...]

ANN's Daily Aero-Linx (10.26.16)

Experimental Soaring Association Formerly known as the Sailplane Homebuilders Association, the ESA is a national source for information regarding the design, building and flying of>[...]

ANN's Daily Aero-Term (10.26.16): Departure Control

A function of an approach control facility providing air traffic control service for departing IFR and, under certain conditions, VFR aircraft.>[...]

Aero-News: Quote of the Day (10.26.16)

"A new runway at Heathrow will improve connectivity in the UK itself and crucially boost our connections with the rest of the world, supporting exports, trade and job opportunities>[...]

blog comments powered by Disqus





© 2007 - 2016 Web Development & Design by Pauli Systems, LC