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 06.27.16

Airborne 06.28.16

Airborne 06.22.16

Airborne 06.23.16

Airborne 06.24.16

Airborne Hi-Def On YouTube

Airborne 06.27.16

Airborne 06.28.16

Airborne 06.22.16

Airborne 06.23.16

Airborne 06.24.16

AEA2016 LIVE Aero-TV: 04/27-0830ET, 04/28-1400ET, 04/29-1100ET

Sun 'n Fun 2016 Innovation Preview on Vimeo!

Sun 'n Fun 2016 Innovation Preview on YouTube!

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

Airborne 06.24.16: ADS-B Analysis, NavWorx Price Drop, ALPA v Transport Canada

Also: Porker Of The Month, Aviation BBB?, Super Puma, AirVenture Events, FedEx 767s, Solar Impulse, Sikorsky Flight Safety Foundation has released the study "Benefits Analysis of S>[...]

Commercial Drone Use For Real Estate Set To Grow With Release Of FAA Rule

Realtors Enthusiastic About Use Of Aircraft For Marketing Commercial drone use in the real estate business got a boost Tuesday with the release of the FAA's final rule governing sm>[...]

Barnstorming: Innovation, Disruption and Changing the Game

Getting A Running Start On Recreating the Aviation Industry One of the most active discussion topics I’ve engaged in, of late, is just what individual game-changing steps or >[...]

Aero-News: Quote Of The Day (06.27.16)

"We have to learn to come together, to support each other, to make each other flyer’s problems our own and to realize that we, as a community, are an extraordinary group of h>[...]

Klyde Morris (06.27.16)

Klyde Appreciates The Blue Origin Approach FMI: www.klydemorris.com>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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