Reported about 12 hours ago
Southwest Airlines CEO Bob Jordan expresses optimism about the company's recovery strategy, anticipating that Boeing's production challenges will soon improve. Despite recent setbacks leading to increased costs and reduced capacity, he predicts that Boeing will surpass its delivery target of 38 aircraft for the year, potentially reaching as many as 55. This rebound is crucial for Southwest's operations, as it relies entirely on Boeing aircraft and aims to mitigate cost inflation through various strategic initiatives.
Source: YAHOO