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

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 02.23.15

Airborne 02.24.15

Airborne 02.25.15

Airborne 02.26.15

Airborne 02.20.15

Airborne Hi-Def On YouTube

Airborne 02.23.15

Airborne 02.24.15

Airborne 02.25.15

Airborne 02.26.15

Airborne 02.20.15

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

FAA Certifies Continental IO-360-AF Alternative Fuel Engine

Flight Design Scheduled For The First Delivery Of The New Powerplant The FAA has granted type certification to Continental Motors Group for its IO-360-AF (Alternative Fuel) engine.>[...]

Airborne 02.25.15: Orion Data, ALPA OPines On UAS, Blakey's New Gig

Also: Rutan Celebration, Orbis Flying Eye Hospital, Prince Harry, 1300th PC-12, Malaysian Pipers, Chalet Suzanne Auction NASA’s Orion spacecraft continues on the agency&rsquo>[...]

Airborne 02.25.15: Orion Data, ALPA OPines On UAS, Blakey's New Gig

Also: Rutan Celebration, Orbis Flying Eye Hospital, Prince Harry, 1300th PC-12, Malaysian Pipers, Chalet Suzanne Auction NASA’s Orion spacecraft continues on the agency&rsquo>[...]

Airborne 02.24.15: Becker ADS-B Tracking, TTD Elections, ADS-B Experimental News

Also: Antarctic Balloon, Royal Albanian Team?, A400M Refuel, A4A Joins UAV Program, AFASF Standdown, WAI Award Bombardier Commercial Aircraft has announced that Transport Canada in>[...]

AD: Sikorsky Aircraft Corporation (Sikorsky) Helicopters

AD NUMBER: 2015-04-05 PRODUCT: Certain Sikorsky Model S-76A, B, C, and D helicopters.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2015 Web Development & Design by Pauli Systems, LC