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 04.27.15

Airborne 04.21.15

Airborne 04.22.15

Airborne 04.23.15

Airborne 04.24.15

Airborne Hi-Def On YouTube

Airborne 04.27.15

Airborne 04.21.15

Airborne 04.22.15

Airborne 04.23.15

Airborne 04.24.15

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

U.S. Drawing Down European Apache Fleet

Will Relocate 24 Aircraft From Germany To Alaska Twenty-Four Apache attack helicopters will be relocated from Germany to Alaska under a cost-saving plan being implemented by the U.>[...]

GoJet Airlines Announces ATP Flight School Partial Reimbursement Program

Program Subsidizes A portion Of ATP Tuition For Students Who Commit To Flying For GoJet Airlines GoJet Airlines is pleased to announce that it has teamed with ATP Flight School to >[...]

ANN FAQ: Getting The Most Out Of ANN's Newsletters

ANN goes through a lot of trouble to make the graphics flashy and cool and an integral part of the story. But let's face it, they're bandwidth-intensive. So here are a couple of th>[...]

Airborne 04.24.15: DA62 Cert, Flt Design's C4, Sporty Transitions, 1st Flt Fight

Also: Legend Cub, Piper Orders, Postal UAVs?, IMC Club 'Brown Jacket Award', X-47B Refueling The Diamond DA62 has received its EASA Type certificate. After a sunny and warm day Wed>[...]

ANN's Daily Aero-Linx (04.26.15)

Aerospace Web Aerospaceweb.org is a non-profit site operated by engineers and scientists in the aerospace field. The goal of this site is to provide educational information on a va>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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