Southwest Airlines Co on Wednesday was the first major airline formally to cut i...
A number of grounded Southwest Airlines Boeing 737 MAX 8 aircraft are shown parked at Victorville Airport in Victorville, California, U.S., March 26, 2019. REUTERS/Mike Blake
- Southwest Airlines Co on Wednesday was the first major airline formally to cut its financial outlook in the wake of the recent groundings of Boeing 737 MAX planes. Shares of Southwest, the largest operator of Boeing’s 737 MAX 8 with 34 jets, were down 2.5 percent to $48.8 in premarket trading after it said its operating revenue per available seat mile would grow by a full percentage point less than previously forecast.
The revenue indicator is a closely followed measure of airline performance and had been forecast to grow by 3 percent to 4 percent before the crash of an Ethiopian Airlines jet on March 10 caused the grounding of 737 MAX planes globally. Air Canada and United Airlines had both previously warned of negative impacts on business due to the groundings, with the Canadian carrier suspending its 2019 financial forecasts.Reporting by Rachit Vats and Sanjana Shivdas in Bengaluru; Editing by Arun Koyyur and Patrick Graham
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
U.S. airlines prepare for 737 MAX tests, Southwest parks jets near desertThe factory visits indicate Boeing may be nearing completion of a planned software patch for its newest 737 following a Lion Air crash that killed 189 people in Indonesia last October, but the timing for a resumption of passenger flights on the jets remains uncertain. Boeing and the Federal Aviation
Weiterlesen »
U.S. airlines prepare for 737 MAX tests, Southwest parks jets near desertTeams from the three U.S. airlines that own 737 MAX jets were heading to Boeing ...
Weiterlesen »
A Southwest Airlines Boeing 737 Max just made an emergency landing in FloridaThe pilots of the Southwest Airlines Boeing 737 Max reported problems with their CFM Leap 1B engines.
Weiterlesen »
Southwest Airlines Boeing 737 Max makes emergency landing in OrlandoSouthwest Flight 8701 returned to Orlando after pilots reported an engine problem shortly after takeoff. The aircraft was being flown to a storage facility.
Weiterlesen »
Southwest Airlines says Boeing's 737 Max grounding are hurting salesCNN News, delivered. Select from our newsletters below and enter your email to subscribe.
Weiterlesen »
Southwest Airlines cuts its forecast after the grounding of Boeing's 737 MaxSouthwest Airlines on Wednesday cut its forecast for first-quarter capacity, citing the grounding of the Boeing 737 Max and other issues.
Weiterlesen »
Southwest 737 MAX makes emergency landing, says computer system not to blameA Southwest Airlines Co Boeing 737 MAX 8 heading to the California desert for pa...
Weiterlesen »
Southwest cuts revenue outlook on Boeing 737 Max groundings, shares slideSouthwest Airlines shares slide after airline cuts its revenue outlook following the grounding of its Boeing 737 Max planes and raised its cost outlook.
Weiterlesen »
Grounded Southwest Boeing 737 Max 8 makes emergency landing on way to storage facilitySouthwest 737 Max 8 makes emergency landing on way to storage facility due to issue unrelated to the one under investigation
Weiterlesen »
A Boeing 737 Max flown by Southwest makes emergency landing at Orlando airportBoeing 737 Max makes emergency landing at Orlando airport; no passengers were on board.
Weiterlesen »