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 04.21.14--CLICK HERE! ** HD iPad-Friendly Version--Airborne 04.21.14 **
** Airborne 04.18.14--CLICK HERE! ** HD iPad-Friendly Version--Airborne 04.18.14 **
** Airborne 04.16.14--CLICK HERE! ** HD iPad-Friendly Version--Airborne 04.16.14 **

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 04.21.14: Blue Angel Troubles, 8000th B737, Chelton/S-TEC Acquired

Also: Canadian CFI Fired After CNN Appearances, Forecast Says More UAVs, Funny Flt Attendant AVW, Avidyne/Trego-Dugan... It would be harder to find a more respected Military leader>[...]

Airborne 04.18.14: SpaceX's Historic Pad, Sikorsky Going Presidential?, EAA B17

Also: Airmen Support Pilot's Son, Beyond The Blue!, More Wrong-Way SWA Fallout, Missing WWII Airman Comes Home NASA signed an agreement with Space Exploration Technologies Corporat>[...]

Airborne 04.21.14: Blue Angel Troubles, 8000th B737, Chelton/S-TEC Acquired

Also: Canadian CFI Fired After CNN Appearances, Forecast Says More UAVs, Funny Flt Attendant AVW, Avidyne/Trego-Dugan, Weird Georgia Military Lawsuit--Over Flightsuits, etc... It w>[...]

Goodyear Reveals Ten Finalists For Name The Blimp Contest

Nearly 15,000 Unique Entries Received By The Tiremaker For Its New Icon After receiving nearly 15,000 unique submissions for its national "Name the Blimp" contest, The Goodyear Tir>[...]

ANN's Daily Aero-Linx (04.22.14)

American Association of Airport Executives Founded in 1928, AAAE is the world's largest professional organization for airport executives, representing thousands of airport manageme>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC