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 Unlimited-
Monday

Airborne-Unmanned w/AUVSI-
Tuesday

Airborne Unlimited-
Wednesday

AMA Drone Report-
Thursday

Airborne Unlimited-
Friday

Airborne On ANN

Airborne 01.15.18

Airborne-UnManned 01.16.18

Airborne 01.17.18

AMA Drone Report 01.18.18

Airborne 01.19.18

Airborne-YouTube

Airborne 01.15.18

Airborne-UnManned 01.16.18

Airborne 01.17.18

AMA Drone Report 01.18.18

Airborne 01.19.18

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.

FMI: www.boeing.com, www.southwest.com

Advertisement

More News

AMA Drone Report 01.11.18: Hobbico Chapter 11, New Tello Drone, Karma Killed

Also: Huerta Steps Down, NJ Considering Drone DUI, UK Drone Collision Study, Team Futaba In a bit of bad news we did not need, one of the hobby industry’s biggest players is >[...]

NASA's Aerospace Safety Advisory Panel Releases 2017 Annual Report

Examines NASA's Safety Performance Over The Past Year, Highlights Accomplishments The Aerospace Safety Advisory Panel (ASAP), an advisory committee that reports to NASA and Congres>[...]

Airborne 01.17.18: Trans States $$$, Lost Pilot, Scout Aero Heli

Also: Autonomous Air Tanker, Turkish Airliner Cliff Dive, GAMA Scholarship, Rolls-Royce Test Facility Trans States Airlines has announced a $44,000 signing bonus for new hire First>[...]

Airborne 01.17.18: Trans States $$$, Lost Pilot, Scout Aero Heli

Also: Autonomous Air Tanker, Turkish Airliner Cliff Dive, GAMA Scholarship, Rolls-Royce Test Facility Trans States Airlines has announced a $44,000 signing bonus for new hire First>[...]

WTF, Over? Why Is The Sport Aviation Expo Pushing Medical Marijuana Sales?

Stranger Than Fiction -- Folks, We Could Not Make This Up If We Tried… News/Opinion/Analysis by Jim Campbell, ANN CEO/Editor-In-Chief We received a few complaints referencin>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2018 Web Development & Design by Pauli Systems, LC