Southwest Delays Adding 'Hundreds' Of Planes | 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 05.02.16

Airborne 05.03.16

Airborne 05.04.16

Airborne 05.05.16

Airborne 05.06.16

Airborne Hi-Def On YouTube

Airborne 05.02.16

Airborne 05.03.16

Airborne 05.04.16

Airborne 05.05.16

Airborne 05.06.16

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!

Wed, Feb 29, 2012

Southwest Delays Adding 'Hundreds' Of Planes

Rising Fuel Costs, AirTran Integration Blamed

Most commentary linking rising oil prices with suppression of an economic recovery relies on vague generalizations. But Southwest Airlines is blaming the upward march of fuel costs for a change in expansion plans which could delay the deployment of hundreds of additional planes, citing the need to reach a target of a 15 percent return on investment.

The Wall Street journal reports Southwest CEO Gary Kelly (pictured), speaking in Chicago at an employee event, said of jet fuel prices, "We prepared for $3.30, and now we're going to have to be prepared for $3.50." He adds that fuel costs, with additional uncertainty surrounding costs to merge recently-acquired AirTran, may require "schedule adjustments."

Kelly adds plans remain on track to replace some older Boeing 737 variants with the 737-800 to increase capacity, and the first of the more-efficient new 737 MAX aircraft will begin arriving in 2017, part of a recent $19 billion contract with the manufacturer.

There were bright spots in Kelly's outlook. He says the AirTran acquisition will bring Southwest customers access to the world's busiest airport, Hartsfield-Jackson International in Atlanta, and add 22 cities to the list of those served, and an improvement in annual revenue of $400-500 million.

FMI: www.southwest.com

Advertisement

More News

Airborne 05.04.16: FAA Part 23, IAC AirVenture Theme, Boeing 737 MAX

Also: Supersonic Sound Pollution, Wartime WartHog, Biplanes And Triplanes, Esterline, Airbus H145M, 21st CSAF, NATA Appointment On the eve of an FAA public hearing in College Park,>[...]

FAA Administrator Makes Two Major Drone Announcements

Establishes Advisory Committee To Provide Advice On UAV Issues Speaking today at the AUVSI annual conference in New Orleans, FAA Administrator Michael Huerta announced the agency i>[...]

Airborne 05.03.16: Solar Impulse 2, SpaceX v Mars, 5000 Section 333 Exemptions

Also: Textron Drone, Aero-Calendar, Aviation Gateway Park, NASA And FAA, R22 Flashcards, MI Av Program, ArcaBoard At the time we put this report together, the Solar Impulse 2 had s>[...]

Airborne 05.04.16: FAA Part 23, IAC AirVenture Theme, Boeing 737 MAX

Also: Supersonic Sound Pollution, Wartime WartHog, Biplanes And Triplanes, Esterline, Airbus H145M, 21st CSAF, NATA Appointment On the eve of an FAA public hearing in College Park,>[...]

ANN's Daily Aero-Linx (05.05.16)

USHPA Chapters and Clubs Chapters are member-controlled organizations approved by the USHPA. They are autonomous, self-governing, financially independent groups of flying enthusias>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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