All Southwest Airlines articles – Page 6
-
NewsSouthwest adds flights to Palm Springs and Miami
Southwest Airlines will be adding flights to Palm Springs, California and Miami as the airline seeks to expand to more destinations for leisure travellers.
-
In depthNorth American carriers hunker down through crisis
While hard hit North American carriers may have found some comfort from state support packages and the size of its home markets, they have taken action swift action to limit cash burn to protect their businesses while waiting for passenger demand to return
-
NewsAirlines reinstate flights to US vacation spots as cities re-open
As traditional US summer holiday spots like Orlando and Las Vegas begin loosening restrictions after an almost-three-month coronavirus-forced hibernation, airlines are seeing passenger interest rise to these destinations, but also across their networks.
-
NewsSouthwest to generate $815m from selling, leasing back 20 737s
Southwest Airlines has signed agreements to sell and lease back 20 Boeing 737s in a transaction expected to generate $815 million in proceeds for Southwest.
-
NewsCircumstances of fatal Austin runway incident remain obscure
Circumstances of the fatal runway incident at Austin-Bergstrom airport which involved an arriving Southwest Airlines Boeing 737 have yet to become clear, with air-ground communications providing little further detail on the sequence of events. The airport’s operator has described the area in which the 7 May incident took place as ...
-
NewsWarren Buffett’s investment firm sells out of four major US carriers
Renowned investor Warren Buffett has dumped his stakes in four major US carriers, four years after joking that his firm Berkshire Hathaway was set to benefit from airlines’ tendency to increase fares ahead of its shareholder events. Buffett disclosed the decision to shareholders during Berkshire Hathaway’s 2020 event on 2 ...
-
NewsSouthwest to boost liquidity with concurrent deals
Southwest Airlines will enhance its liquidity position through a common stock offering and a $1 billion convertible bond, both announced 28 April.
-
In depthGrounded commercial aircraft around the world – in pictures
Parked aircraft have become commonplace at airports in all regions as the coronavirus outbreak prompts border restrictions and plummeting demand for air travel
-
NewsSouthwest cuts capacity another 20%
Southwest Airlines deepened its capacity cuts to 40% from 3 May through 5 June.
-
In depthUS carriers race to shrink fleets as nearly 400 near-term aircraft deliveries loom
The speed at which a handful of US passenger airlines bounce back from the coronavirus pandemic will to a large degree determine how significantly the virus downturn wallops airframers Airbus and Boeing.
-
NewsSouthwest uncertain over growth once 737 Max deliveries resume
Almost one year after the Boeing 737 Max was grounded, Southwest Airlines chief Gary Kelly has alluded to a fringe financial benefit from the Max situation as the budget carrier braces for the impact of the coronavirus outbreak. Kelly says the severity of the decline has been “breathtaking”, with the ...
-
NewsBoeing 737 Max grounding cost Southwest $828m in 2019
Southwest Airlines says that it lost almost a billion dollars in operating income due to the grounding of the Boeing 737 Max aircraft, as it joins other airlines in scrambling to find capacity and make up for the jet’s ongoing problems.
-
NewsFAA investigating reports it gave Southwest preferred treatment on Hawaii routes
The Federal Aviation Administration says it is investigating reports it gave Southwest Airlines “preferential treatment” when it authorised the airline’s routes from the US mainland to Hawaii last year.
-
NewsSouthwest Airlines suspends 737 Max flights until June
Southwest Airlines says it has taken the Boeing 737 Max aircraft out of its schedule until 6 June, suspending its service for two further months than previously planned, following similar moves by other US carriers in the past few weeks.
-
NewsFAA proposes to fine Southwest Airlines $3.9m for incorrect weight and balance data
The FAA has proposed to levy a $3.9 million fine on Southwest Airlines for operating more than 20,000 commercial flights with incorrect weight and balance calculations, potentially putting the safety of the flights into question.
-
AnalysisRising costs may threaten US majors’ profit margins in 2020
Consumer confidence in the US economy and a declining unemployment rate drove demand for air travel in 2019. That was good news for the four major US carriers, but for three of them there was the question of whether they would have the aircraft to meet that rising demand.
-
NewsSouthwest and Boeing agree to terms on damages from Max grounding
Boeing has agreed to compensate Southwest Airlines for a portion of projected financial damages from the grounding of the global 737 Max fleet, the Dallas-based airline discloses 12 December.
-
Analysis
US regulators turn gaze on aircraft acquired overseas
Whistleblowers at the US Federal Aviation Administration and the US Department of Transportation contend that some aircraft operated by Southwest Airlines that had previously been operated by airlines outside the US remained in service despite having maintenance records that were “alarmingly insufficient,” according to the US Senate Committee on Commerce, ...
-
News
American pushes 737 Max service re-entry to March
American Airlines has taken the grounded Boeing 737 Max out of its schedule until 5 March 2020. The announcement comes following Southwest Airlines' statement earlier in the day that it too would delay scheduling the aircraft until early March.
-
News
Southwest takes $210m Max hit in Q3, expects another knock in Q4
Low-cost carrier Southwest Airlines says it lost $210 million in revenue during the third quarter as a result of the Boeing 737 Max grounding since March, and expects the loss to be higher in the fourth quarter due to the reshuffling of aircraft and schedule for traditional holiday season-related travel.