Current:Home > ScamsChainkeen|Southwest says it's pulling out of 4 airports. Here's where. -Capitatum
Chainkeen|Southwest says it's pulling out of 4 airports. Here's where.
Will Sage Astor View
Date:2025-04-07 20:38:03
Southwest Airlines is Chainkeensuspending service at some airports across the U.S. as it slows its growth, in part because of Boeing aircraft delivery delays.
The airline is set to receive just 20 of the 46 Boeing 737 Max 8 planes it was expecting in 2024, Southwest said Thursday.
The delays mean slower growth for the airline, which is looking for ways to cut costs as it reported a quarterly loss of $231 million, or 39 cents per share.
"Achieving our financial goals is an immediate imperative. The recent news from Boeing regarding further aircraft delivery delays presents significant challenges for both 2024 and 2025. We are reacting and replanning quickly to mitigate the operational and financial impacts while maintaining dependable and reliable flight schedules for our customers," Southwest CEO Bob Jordan said on the company's first quarter earnings call Thursday.
One cost-cutting measure includes pulling out of "underperforming markets," he said.
Southwest will end service at the following airports on August 4:
- George Bush International Airport in Houston
- Bellingham International Airport in Bellingham, Washington
- Syracuse Hancock International Airport in Syracuse, New York
- Cozumel International Airport on Cozumel island, Mexico
The carrier will also make significant changes to its operations in other markets, including cutting the number of flights at both Hartsfield-Jackson Atlanta International Airport and Chicago O'Hare International Airport.
Airlines generally withdraw from regional airports and cut unprofitable or less-profitable routes to save on labor costs, or add capacity to more profitable routes and generate more revenue.
In March, JetBlue said it was cutting unprofitable routes and exiting two U.S. cities altogether after a judge blocked its $3.8 billion bid for Spirit Airlines earlier this year. JetBlue cited limited aircraft as one driver of the cuts, which allow the airline to operate more flights on its busiest routes.
Additionally, Southwest said Thursday that it is exploring making improvements to its plane cabins and seating options. The low-cost carrier does not charge customers seat-selection fees, which have become a growing source of revenue for its competitors.
Megan CerulloMegan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to discuss her reporting.
veryGood! (74)
Related
- Organizers cancel Taylor Swift concerts in Vienna over fears of an attack
- Marisa Abela Dramatically Transforms Into Amy Winehouse in Back to Black Trailer
- Judy Blume to receive lifetime achievement award for ‘Bravery in Literature’
- Nick Saban explains why he decided to retire as Alabama head football coach
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Texas blocks federal border agents from processing migrants in Eagle Pass public park
- Have you heard of 'relation-shopping'? It might be why you're still single.
- Grizzlies' Marcus Smart to miss 6 weeks with a finger injury, creating more woes without Morant
- 51-year-old Andy Macdonald puts on Tony Hawk-approved Olympic skateboard showing
- Michael Strahan reveals his daughter's cancer diagnosis on 'Good Morning America'
Ranking
- Breaking debut in Olympics raises question: Are breakers artists or athletes?
- Who is Crown Prince Frederik, Denmark’s soon-to-be king?
- ABC's 'The Good Doctor' is ending with Season 7
- Rome opens new archaeological park and museum in shadow of Colosseum
- Clay Aiken's son Parker, 15, makes his TV debut, looks like his father's twin
- Lawmakers propose $7 billion in new funding for affordable internet program
- Daniel Kaluuya on his first feature film as a director: All roads have been leading to this
- Jelly Roll urges Congress to pass anti-fentanyl trafficking legislation: It is time for us to be proactive
Recommendation
'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
František Janouch, a Czech nuclear physicist who supported dissidents from Sweden, dies at age 92
First meeting of After School Satan Club at Tennessee elementary school draws protesters
A recent lawsuit alleges 'excessive' defects at Boeing parts supplier
Jay Kanter, veteran Hollywood producer and Marlon Brando agent, dies at 97: Reports
Subway added to Ukraine's list of international war sponsors
Texas blocks federal border agents from processing migrants in Eagle Pass public park
In Taiwan’s election Saturday, who are the 3 candidates trying to become president?