Southwest Air to slow capacity growth
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Southwest Airlines Co. , facing rising costs and tougher competition, plans to trim its expansion through next year because of a slowing U.S. economy and softening travel demand, its chief executive said on Wednesday.
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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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Instead of cramming as many as 132 arrivals into an hour, airlines at O&#39;Hare Airport agreed Wednesday to limit themselves to just 88 an hour this fall, potentially slashing record delays but raising the prospect of higher prices.
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Orders are down, but Embraer investors should remain optimistic.
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Southwest Airlines has offered more than $100 million for part of ATA&#39;s operations at Chicago&#39;s Midway Airport. If successful, it could torpedo AirTran Airway&#39;s efforts to create a hub there.
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Bowing to increased competition in the United States, United Airlines announced yesterday plans to sharply reduce its domestic flights and increase its international operations.
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United Airlines plans to slash the number of its domestic flights and increase its more profitable international schedule, while at the same reducing the size of its fleet.
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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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Southwest Airlines of Dallas said Monday it will eliminate 88 scheduled flights to free up planes for more profitable routes. The discount carrier said the schedule change should
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Southwest Airlines plans to cut 88 flights from its schedule starting Oct. 31 in an effort to free up planes for more profitable markets, the Wall Street Journal reported Monday.
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Southwest Airlines plans to step up operations at Chicago Midway Airport due to the bankruptcy of low-cost rival ATA Airlines and may also bid on some of the troubled carrier&#39;s assets, said the Southwest Chief Executive Gary
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Southwest Airlines Co. reported a 12 percent jump in profit today, as its decision to buy fuel in advance helped insulate the low-cost carrier from rising fuel prices.
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NEW YORK, Nov. 4 -- Low-cost carriers Southwest Airlines Inc., JetBlue Airways Corp. and Independence Air on Thursday reported upbeat October passenger traffic figures, signaling greater demand for air travel and lifting airline stock prices.
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The airline is offering the buyouts in an effort to cut costs as the discount carrier heads into a period of expected slower growth.
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Some big airlines are planning to reduce domestic capacity in 2008 with the hope of driving fares higher to offset rising fuel costs.
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The International Air Transport Association is forecasting &quot;significantly&quot; narrower losses for the global airline industry this year as reduced costs and rising demand for air travel help counter higher fuel prices.
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Southwest Airlines Co. , the  leading U.S. discount carrier, posted a 16.5 percent drop in  second-quarter earnings on Wednesday on higher fuel costs and  sluggish demand.