Reported 30 days ago
Southwest Airlines CEO Bob Jordan has expressed concern over Boeing's delivery problems due to safety issues and ongoing labor strikes, which have significantly hampered Southwest's fleet expansion plans. He noted that the airline will receive only 20 aircraft in 2024 instead of the anticipated 80 due to these delays, potentially impacting future operations. Despite these challenges, Southwest's third-quarter earnings exceeded estimates, although profits fell by 65% year-on-year.
Source: YAHOO