Southwest Airlines said in a regulatory filing that it has to cut capacity and pause hiring as Boeing faces ongoing aircraft manufacturing certification and delays.
Southwest Airlines is cutting capacity, re-optimizing flight schedules and pausing hiring in 2024 as a result of Boeing's "continued challenges." Boeing told Southwest to expect the delivery of 46 Max 8s this year, down from the airplane maker’s previously expected 58, according to a regulatory filing. Southwest expected Boeing to deliver 79 Max jets in total, including some of the smaller Max 7 variants, which are not yet certified by the Federal Aviation Administration.
The company expects headcount to be down on an annual basis and is projecting to incur a net loss in the first quarter of the fiscal year. However, it expects to return to profitability this month. BOEING WHISTLEBLOWER JOHN BARNETT FOUND DEAD DAYS AFTER TESTIFYING AGAINST COMPANY This is the second major U.S. carrier whose operations were disrupted by Boeing, which is still reeling after a door plug blew out of a Max 9 jet operated by Alaska Airlines earlier this year.
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