Southwest plans to reduce capacity, reevaluate 2024 financial outlook on delivery delays from Boeing
1 year ago

Southwest plans to reduce capacity, reevaluate 2024 financial outlook on delivery delays from Boeing

Associated Press  

Shares of Southwest plunged Tuesday as the airline said that it plans to reduce capacity and reevaluate its full-year financial outlook because of fewer expected aircraft deliveries from it supplier, Boeing. The comments came one day after Buttigieg said the aircraft builder is under “enormous” scrutiny by his department since a panel blew off of a Boeing 737 Max jetliner in midflight. That followed the company’s admission that it couldn’t find records that the National Transportation Safety Board sought for work done on the panel at a Boeing factory. Last week, Boeing, which is based in Arlington, Virginia, came under withering criticism by National Transportation Safety Board Chair Jennifer Homendy over the missing work records on the Alaska jet.

History of this topic

Southwest Airlines Layoffs: Low-cost carrier cuts 15% corporate workforce. Here’s why
1 month, 1 week ago
Southwest Airlines is slashing 15% of its corporate workforce, its first major layoffs in 53 years
1 month, 1 week ago
Boeing to deliver 24 aircraft to Indian carriers this year
1 month, 3 weeks ago
Southwest pauses some hiring and summer internships as the airline looks to reduce costs
2 months, 1 week ago
Southwest pauses some hiring and summer internships as the airline looks to reduce costs
Trending News
2 months, 2 weeks ago
Southwest is offering buyouts to airport workers and blaming Boeing for the job cuts
4 months, 2 weeks ago
Column: Boeing’s landmark union contract seeks to reverse its horrible executive decisions since the turn of this century
6 months, 2 weeks ago
Southwest Airlines says a key measure of pricing power will be weaker than expected in 2Q
9 months ago
Boeing Deliveries Falter as China Compounds 737 Max Woes
9 months, 2 weeks ago
Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well
11 months ago
Boeing cuts its 4Q loss to $30 million, but that was before one of its jets lost a panel in flight
1 year, 1 month ago
What you should know if you’re about to fly on a Boeing Max 9
1 year, 2 months ago
FAA announces harsh Boeing crackdown after fuselage ripped off its notorious 737 Max jet and says it believes there are 'OTHER manufacturing problems' at beleaguered aviation firm
1 year, 2 months ago
Southwest Airlines reaches $140-million settlement for December 2022 flight-canceling meltdown
1 year, 3 months ago
The US has decided that Southwest’s customer service failed during flight cancellations last winter
1 year, 4 months ago
Boeing production problem spills over into summer travel
1 year, 11 months ago
Southwest is adding deicing trucks after December breakdown
2 years ago
Making travel plans? Southwest’s holiday meltdown may be a sign of air travel drama to come
2 years, 2 months ago
Southwest’s strong 2022 rebound soured by holiday debacle
2 years, 2 months ago
Southwest Airlines' holiday chaos could cost the company as much as $825 million
2 years, 2 months ago
Can Southwest Airlines buy back its customers’ love?
2 years, 2 months ago
"$7 billion taxpayer bailout": Sanders tells Buttigieg to hold Southwest's CEO accountable for greed
2 years, 2 months ago
Southwest Airlines flight cancellations continue to snowball
2 years, 3 months ago
Column: Southwest’s meltdown was born in America’s cheapskate corporate culture
2 years, 3 months ago
Southwest cancels another 4,800 flights as its reduced schedule continues
2 years, 3 months ago
Southwest Airlines spent $5.6B on shareholder gifts ahead of mass cancellation crisis
2 years, 3 months ago
Holiday Hell: How Southwest Airlines' ‘full-blown meltdown’ created travel chaos in US
2 years, 3 months ago
Southwest cancels 5,400 flights in less than 48 hours in a 'full-blown meltdown'
2 years, 3 months ago
Southwest forecasts a slower recovery in business travel
2 years, 6 months ago
Southwest loses $278M in Q1 but sees profitable rest of 2022
2 years, 10 months ago
Southwest sees Q4 profit, says omicron not hurting bookings
3 years, 3 months ago
Southwest limits canceled flights after 3 tumultuous days
3 years, 5 months ago
Southwest Airlines cancels over 350 flights following major disruptions; passengers left stranded
3 years, 5 months ago
Southwest cancels thousands of flights, leading to chaos at airports across the country
3 years, 5 months ago
Southwest canceled more than 2,000 weekend flights and the disruption continues
3 years, 5 months ago
Southwest trims schedule in effort to solve flight problems
3 years, 7 months ago
Southwest Airlines orders 100 Boeing 737 Max planes
3 years, 11 months ago
Southwest just placed the biggest Boeing 737 Max order since it was grounded
3 years, 11 months ago
Boeing 737 MAX Starts Receiving Fresh Orders After FAA Approves Active Operations
4 years ago
Boeing orders come up short despite 737 MAX’s return to the skies
4 years, 2 months ago
Boeing Confirms the End of Its Iconic 747 Jumbo Jet Production After Poor Quarterly Result
4 years, 7 months ago
Boeing cuts 12,000 jobs, resumes production of grounded 737 Max; reveals plans for more layoffs
4 years, 10 months ago
Boeing is building the 737 Max again even though it is not yet approved to fly
4 years, 10 months ago
Boeing Cuts More Than 12,000 Jobs Due To Drop In Air Travel
4 years, 10 months ago
Southwest reports bookings are improving
4 years, 10 months ago
Southwest Airlines posts first operating loss in 11 years
4 years, 11 months ago
Grounded: Stunning footage shows more than 400 passenger jets sitting idle in the California desert
4 years, 11 months ago
Boeing says 737 MAX production to resume before mid-year
5 years, 2 months ago
Malaysia Airlines suspends Boeing 737 MAX jet deliveries
5 years, 2 months ago

Discover Related