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 03.30.15

Airborne 03.31.15

Airborne 03.25.15

Airborne 03.26.15

Airborne 03.27.15

Airborne Hi-Def On YouTube

Airborne 03.30.15

Airborne 03.31.15

Airborne 03.25.15

Airborne 03.26.15

Airborne 03.27.15

 

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 03.30.15: Provisional TC-HondaJet, NASA/Mars, Lightspeed's Bluetooth

Also: New York Airways 1962, Mica Wants Privatized ATC, Ares UAV, Textron ProAdvantage, Boeing SC Union Vote, Whirly Girls The Honda Aircraft Company has announced that the HondaJe>[...]

Gone West: Lt. Col. Robert Hite

Had Been One Of The Doolittle Raiders Who Attacked Tokyo In 1942 One of the last of the 80 men to climb aboard 16 B-25 bombers and launch from an aircraft carrier in April 1942 to >[...]

ANN's Daily Aero-Linx (03.31.15)

Shawn Pederson - Road to Recovery Six months ago, Shawn "Norm" Pederson took the road less travelled. After retiring from a career of public service as United States Air Force pilo>[...]

ANN's Daily Aero-Term (03.31.15): Decision Height

With respect to the operation of aircraft, means the height at which a decision must be made during an ILS, MLS, or PAR instrument approach to either continue the approach or to ex>[...]

Aero-News: Quote Of The Day (03.31.15)

“NBAA is pleased that the FAA continues to recognize the importance of this tool to NBAA Member business aircraft owners seeking to maximize the efficiency and usability of a>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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