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 -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-06.10.24

Airborne-NextGen-06.11.24

Airborne-Unlimited-06.12.24 Airborne-FltTraining-06.13.24

Airborne-Unlimited-06.14.24

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

Icon Aircraft Bankruptcy Chooses A 'Winner' -- Appears to Be Chinese Ownership

'SG Investment America' Leads Small List Of Suitors News, Analysis and Opinion by ANN Editor-In-Chief, Jim Campbell The long, embarrassing saga of Icon Aircraft is entering a new c>[...]

'CLIMBING. FAST.' Campaign Builds Speed

Congressional Caucus Quickly Finds Fans in Business Aviation Community A dozen international Av-Biz stakeholders have responded to the establishment of the Congressional Sustainabl>[...]

Volato Chooses SmartSky for Internet Provisions

Future Operations to Sport End-to-End Internet Connectivity Throughout the Trip Volato has opted to go with SmartSky for its future inflight connectivity needs, selecting the Smart>[...]

ANNouncement: Now Accepting Applications For Oshkosh 2024 Stringers!!!

An Amazing Experience Awaits The Chosen Few... Oshkosh, to us, seems the perfect place to get started on watching aviation recover the past couple of years... and so ANN is putting>[...]

Surf Air Establishes Foothold in Brazil

Charter Operator Promises to Convert 4 of its Grand Caravans to Surf's Electric Propulsion Surf Air Mobility inked a memorandum of understanding with a Brazilian Caravan operator t>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC