All Southwest Airlines articles – Page 8
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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 ...
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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 ...
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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.
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Airline BusinessGrounded 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
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NewsSouthwest cuts capacity another 20%
Southwest Airlines deepened its capacity cuts to 40% from 3 May through 5 June.
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Airline BusinessUS 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.
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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 ...
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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.
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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.
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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.
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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.
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Airline BusinessRising 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.
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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.
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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, ...
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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.
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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.
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News
Southwest cancels 737 Max flights into February
Southwest Airlines is extending cancellation of flights on its fleet of Boeing 737 Max aircraft through 8 February, days after its pilots' union estimated the aircraft would take longer to return to service than the Texas-based airline's previous cancellation through 5 January.
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News
Air Canada cancels 737 Max flights until middle of February
Air Canada on 16 October became the latest airline to extend the removal of the Boeing 737 Max aircraft from its winter schedule, as an increasing number of carriers expect the jet will not be approved to return to service until early 2020.
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News
Southwest pilots expect longer 737 Max return to service
The Southwest Airlines Pilots Association (SWAPA) does not expect that the Boeing 737 Max aircraft will return to service with the carrier before February 2020.
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News
Boeing reports 38 cracks on global 737NG fleet
Airlines have reported 38 structural cracks after inspecting 810 Boeing 737NG aircraft in fleets worldwide, the airframer says.