Southwest Airlines cut flights to 4 airports on Boeing Problems
The company has just reported a major loss for its first quarter.
Flight felt a little more stressful than usual in recent months. After periods of repeated delays caused by increased demand and bad weather, we are now dealing with the repercussions of concerns about potential security problems with Boeing Planes . In the latest development, Southwest Airlines announced that it would reduce thefts to four different airports due to the in progress controversy.
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In collaboration with the liberation of the first quarter of the company financial results On April 25, Southwest revealed that he had made the "decision difficult to stop operations" at four different airports: Bellingham International Airport in Washington; Cozumel International Airport in Mexico; George Bush intercontinental airport in Houston; And Syracuse Hancock International Airport in New York.
The airline plans to remove the service of these airports on August 4 to try to counter the financial problems resulting from "delays in delivery of Boeing planes and the related reduction in the capacity of the second half 2024", according to the press release .
"To reach our financial objectives is an immediate imperative. The recent news from Boeing concerning other delays in delivery of planes have important challenges for 2024 and 2025", CEO of Southwest Bob Jordan said in a press release. "We react and resume quickly to mitigate operational and financial impacts ... To improve our financial performance, we have intensified our efforts to optimize the network to combat the underperforming markets."
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As The New York Times Explain, Southwest Airlines Only steal Boeing 737 Planes. But after Alaska Airlines Boeing Airplane The rash of doors at the start of this year, the aeronautical company was forced to temporarily found its Boeing 737 Max 9 and to reduce its overall production in a meticulous security examination of the Federal Aviation Administration (FAA).
Consequently, Southwest said that it would no longer be likely to obtain as many Boeing planes this year as expected. The airline had planned to receive 46 new jets, but only expects to get 20.
It is not a great year for the airline so far: Southwest has declared a loss of $ 231 million for the first quarter. In addition to cutting flights to four airports, the airline has also announced that it was planning to "restructure other markets" considerably to improve its financial situation.
A notable part of this restructuring will including "capacity reductions" at Hartsfield-Jackson Atlanta International Airport and at Chicago O'Hare International Airport, the press release.
"And, we implement cost control initiatives, in particular the limitation of hiring and the supply of voluntary delay programs," said Jordan in his press release. "We now expect to finish 2024 with around 2,000 less employees compared to the end of 2023."
