Southwest Air to slow capacity growth
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Southwest Airlines Co.  plans to slow its growth rate this year and next because of a more cautious view on the U.S. economy and travel demand, its chief executive said on Wednesday
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Southwest Airlines Inc. (LUV.N: Quote, Profile, Research) , the largest US discount carrier, on Monday said it will eliminate 88 scheduled flights in order to boost revenue by freeing up planes for more lucrative markets.
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With a big new boost promised from the nation's busiest airline, Southwest Airlines Co. , a long-brewing revolution in US air traffic control is finally poised for takeoff.
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The nationâs fleet of commercial planes is aging as carriers put off buying more comfortable and fuel-efficient jets.
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United Airlines, increasingly squeezed by discount carriers in the US market, is cutting back its domestic flight schedule and expanding its international presence in the push to become profitable again.
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Herb Kelleher, one of the Southwestâs founders, will step down in May. A replacement has not yet been named.
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Bill Mann notes a troubling long-term decline in operating efficiency at Southwest Airlines.
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Air traffic controllers say they have to keep track of more airplanes with fewer people as the Federal Aviation Administration tries to control costs for operating air traffic control facilities.
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Southwest Airlines Co , the largest low-cost carrier, said on Wednesday it soon would assign passengers a place within their assigned boarding groups but would retain its 36-year-old open seating process, which is sometimes referred to as a "cattle call."
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To keep up with air-traffic growth and avoid massive delays, the Federal Aviation Administration on Tuesday said it plans to hire 12,500 controllers during the next 10 years.
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Are low-fare carriers growing too fast and too big for their own good? Low-fare granddaddy Southwest Airlines plans to challenge bankrupt US Airways at its Pittsburgh stronghold beginning in May, furthering its encroachment into the Northeast.
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Soaring fuel prices and slowing economic growth are likely to wipe out much of the airline industryâs profits next year, despite steady increases in global demand for air travel.
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United States airlines are also putting off purchases of new planes, meaning the nationâs fleet of aircraft, on average, is aging right along with the passengers.
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Southwest Airlines is planning to cut as many as 88 flights from its schedule to free up the planes for more profitable markets, according to a published report.
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UAL Corp., the bankrupt parent of United Airlines, Wednesday said it would cut back on US flights and increase its capacity on more lucrative international routes.
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What Southwest Airlines wants, Southwest gets, assuming that a federal bankruptcy judge goes along. Southwest, the biggest and richest low-fare airline, won a weeklong bidding war yesterday
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The airline industry, struggling to extend a multiyear recovery, will try and keep planes flying as full as possible as it transitions from the hectic summer travel season to a much slower autumn.