Southwest Airlines CEO Bob Jordan said that the company is shutting operations at some airports in order to improve the carrier's financial performance.
Southwest Airlines announced Thursday that the carrier is pulling out of several airports as it contends with financial fallout from Boeing delays. Chief Executive Bob Jordan warned in its latest earnings report that the carrier has intensified its network optimization efforts to address underperforming markets.
Jordan said Southwest is re-planning quickly in order "to mitigate the operational and financial impacts while maintaining dependable and reliable flight schedules" for customers. The company is also implementing other cost control initiatives, such as limiting hiring and offering voluntary time off programs, according to Jordan. GET FOX BUSINESS ON THE GO BY CLICKING HERE The company expects to end the year with 2,000 fewer employees compared with the end of 2023.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Southwest Airlines cuts forecast for Boeing deliveries for third timeSouthwest Airlines cuts forecast for Boeing deliveries for third time
Read more »
Engine cover detaches from Southwest Airlines Boeing 737, forcing emergency landing in DenverOne passenger described an air of calm on the flight, with other customers and crew members remaining collected.
Read more »
Southwest Airlines Boeing 737 in Emergency Landing After Losing Engine CoverSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »
Southwest Airlines Boeing Plane Forced to Return to Airport After Engine Cover Falls OffThe plane involved in the incident was a Boeing 737-800. The FAA says it is investigating the event.
Read more »
Engine cover of Southwest Airlines Boeing 737 rips off, forcing the flight to return to DenverA Southwest Airlines jet returned to Denver Sunday morning after the engine cover fell off and struck the wing flap during takeoff, according to the Federal Aviation Administration.
Read more »
Southwest Airlines flight makes emergency landing in Denver after engine part falls off Boeing 737 planeA Southwest flight from Denver made an emergency landing after experiencing a 'mechanical issue' during takeoff Sunday morning, according to the Federal Aviation Administration.
Read more »