Originally published Wednesday, October 1, 2008 at 12:00 AM
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Southwest trims Boeing deliveries for 2009
Southwest Airlines, which has an all-Boeing fleet, has cut its jet deliveries for next year to 10 737s, from the expected 14.
Southwest Airlines has "very limited financing needs" and little immediate exposure to the turmoil in the financial markets, the chief financial officer said Wednesday.
But Southwest, which has an all-Boeing 737 fleet, is worried that further weakening of the economy could hurt demand for air travel, and it has trimmed its jet deliveries for next year to 10 737s, from the expected 14, said CFO Laura Wright.
The Dallas-based carrier has bought 26 new jets this year and has three more deliveries scheduled before year-end, but the strike at Boeing has put those deliveries in doubt, Wright said during a company meeting with reporters.
Copyright © 2008 The Seattle Times Company
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