Southwest Airlines is facing challenges due to Boeing's delivery delays, leading to a reduction in capacity and a reevaluation of its financial forecasts. The airline's stock plummeted over 14% in its worst day in 4 years amidst the Boeing delivery cuts. Southwest plans to cut flight capacity for the full year, halt most hiring, and rework schedules as Boeing faces safety and regulatory issues.
Shares of Southwest plunged Tuesday as the airline said it plans to reduce capacity and reevaluate its full-year financial outlook because of fewer expected aircraft deliveries from its supplier, Boeing: https://t.co/OeOZcixnJ4
Southwest Airlines Co. plans to cut flying capacity for the full year, halt most hiring and rework schedules after Boeing Co. slashed expected 737 Max deliveries as the planemaker faces regulatory and criminal investigations over safety issues. https://t.co/YtTHv9RzVm
✈️ How Boeing's problems are now starting to drag down Southwest and United Airlines: https://t.co/HnVJK8Xoc3
Shares of Southwest plunged Tuesday as the airline said it plans to reduce capacity and reevaluate its full-year financial outlook because of fewer expected aircraft deliveries from its supplier, Boeing. https://t.co/KwKvQjkrTq
Southwest Airlines cuts flying capacity, pauses hiring due to ongoing Boeing issues https://t.co/p5KVfSiDWy
Southwest Airlines to cut flight capacity this year as Boeing woes grow https://t.co/YtTHv9RzVm
Shares of Southwest plunged Tuesday as the airline said that it plans to reduce capacity and reevaluate its full-year financial outlook because of fewer expected aircraft deliveries from it supplier, Boeing. https://t.co/Ideq4PLoM2
Southwest Airlines cuts capacity, and rethinks 2024 financial forecast, citing Boeing problems https://t.co/O58wdC06bq
Southwest Stock Plummets Over 14% In Worst Day In 4 Years Amid Boeing Delivery Cuts https://t.co/l5TciccsLK https://t.co/Ivib6L9lk6
Southwest said they are expecting to receive fewer aircraft deliveries from its Boeing supplier, which is facing pressure to transform and improve its safety and manufacturing quality. https://t.co/uTVF1q1dvy
United, Southwest shares drop after warning of more Boeing delivery delays ‘way behind this year’ https://t.co/zXR4949CAK https://t.co/Wwy3kYnzp5
Southwest Airlines said Tuesday that it will have to trim its capacity plans and reevaluate its financial forecasts for the year, citing delivery delays from Boeing, its sole supplier of airplanes. https://t.co/8Xo1giw25t https://t.co/jukTdBvpbU
Shares of Southwest Airlines are sinking after the company said it will reevaluate its 2024 financial forecast because of Boeing's delivery delays. @Lebeaucarnews joins the crew with the details. @CNBC @CarlQuintanilla @DavidFaber @MichaelSantoli $LUV $BA https://t.co/AEBVbr4phj
Shares of Southwest are falling in Tuesday premarket trading as the airline said that it plans to reduce capacity and reevaluate its full-year financial outlook because of fewer expected aircraft deliveries from its supplier, Boeing. https://t.co/hLAH8LBahb