Southwest is ending service in these 4 airports amid Boeing delays

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Southwest Airlines is suspending work astatine immoderate airports crossed nan U.S. arsenic it slows its growth, successful portion because of Boeing craft transportation delays.

The hose is group to person conscionable 20 of nan 46 Boeing 737 Max 8 planes it was expecting successful 2024, Southwest said Thursday.

The delays mean slower maturation for nan airline, which is looking for ways to trim costs arsenic nan hose reported a quarterly nonaccomplishment of $231 million, aliases 39 cents per share. 

"Achieving our financial goals is an contiguous imperative. The caller news from Boeing regarding further craft transportation delays presents important challenges for some 2024 and 2025. We are reacting and replanning quickly to mitigate nan operational and financial impacts while maintaining dependable and reliable formation schedules for our customers," Southwest CEO Bob Jordan said connected nan company's first 4th net telephone Thursday.

One cost-cutting measurement includes pulling retired of "underperforming markets," he said. 

Southwest will extremity work astatine nan pursuing airports connected August 4:

  • George Bush International Airport successful Houston
  • Bellingham International Airport successful Bellingham, Washington
  • Syracuse Hancock International Airport successful Syracuse, New York
  • Cozumel International Airport connected Cozumel island, Mexico

The bearer will besides make important changes to its operations successful different markets, including cutting nan number of flights astatine some Hartsfield-Jackson Atlanta International Airport and Chicago O'Hare International Airport.

Airlines mostly retreat from location airports and trim unprofitable aliases less-profitable routes to prevention connected labour costs, aliases adhd capacity to much profitable routes and make much revenue. 

In March, JetBlue said it was cutting unprofitable routes and exiting 2 U.S. cities altogether aft a judge blocked its $3.8 cardinal bid for Spirit Airlines earlier this year. JetBlue cited constricted craft arsenic 1 driver of nan cuts, which let nan hose to run much flights connected its busiest routes. 

Additionally, Southwest said Thursday that it is exploring making improvements to its level cabins and seating options. The low-cost bearer does not complaint customers seat-selection fees, which person go a growing root of gross for its competitors.

Megan Cerullo

Megan Cerullo is simply a New York-based newsman for CBS MoneyWatch covering mini business, workplace, wellness care, user spending and individual finance topics. She regularly appears connected CBS News 24/7 to talk her reporting.

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