{"id":642182,"date":"2023-04-27T10:13:00","date_gmt":"2023-04-27T15:13:00","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/04\/27\/southwest-says-boeings-aircraft-delays-will-force-the-airline-to-scale-back-hiring-plans\/"},"modified":"2023-04-27T10:13:00","modified_gmt":"2023-04-27T15:13:00","slug":"southwest-says-boeings-aircraft-delays-will-force-the-airline-to-scale-back-hiring-plans","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/04\/27\/southwest-says-boeings-aircraft-delays-will-force-the-airline-to-scale-back-hiring-plans\/","title":{"rendered":"Southwest says Boeing&#8217;s aircraft delays will force the airline to scale back hiring plans"},"content":{"rendered":"<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\">\n<div id=\"Placeholder-ArticleBody-Video-107232093\" data-test=\"VideoPlaceHolder\" role=\"region\" tabindex=\"0\" data-vilynx-id=\"7000296658\" aria-labelledby=\"Placeholder-ArticleBody-Video-107232093\">\n<p><img decoding=\"async\" src=\"https:\/\/image.cnbcfm.com\/api\/v1\/image\/107232094-16826070251682607022-29202918951-1080pnbcnews.jpg?v=1682607277&#038;w=750&#038;h=422&#038;vtcrop=y\" alt=\"Southwest Airlines CEO Bob Jordan: We expect a strong profit for the entire year\"><span><\/span><span><\/span><\/p>\n<\/div>\n<div>\n<p><span data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-1\"><a href=\"http:\/\/www.cnbc.com\/quotes\/LUV\/\">Southwest Airlines<\/a><span><span id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><\/span><\/span><\/span> is reducing its hiring targets for this year because of delays in new aircraft from <span data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-2\"><a href=\"http:\/\/www.cnbc.com\/quotes\/BA\/\">Boeing<\/a><span><span id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><\/span><\/span><\/span>, the carrier&#8217;s CEO Bob Jordan said Thursday.<\/p>\n<p>The Dallas-based airline expects to receive just 70 new 737 Max planes from Boeing this year, down from a previous forecast of 90, which will reduce its capacity growth plans by one percentage point, Southwest said in quarterly <a href=\"https:\/\/otp.tools.investis.com\/clients\/us\/southwest\/SEC\/sec-show.aspx?FilingId=16590239&amp;Cik=0000092380&amp;Type=PDF&amp;hasPdf=1\" target=\"_blank\" rel=\"noopener\">filing<\/a>.<\/p>\n<p>Southwest is one of Boeing&#8217;s best customers and operates a fleet of all 737s. It has orders for 564 Boeing 737 Max planes through the end of the decade, according to the quarterly report. Those aircraft are more fuel-efficient and will both replace older jets and help the company grow.<\/p>\n<p>Jordan told CNBC&#8217;s\u00a0<a href=\"https:\/\/www.cnbc.com\/squawk-on-the-street\/\">&#8220;Squawk on the Street&#8221;<\/a>\u00a0following its <a href=\"https:\/\/www.cnbc.com\/2023\/04\/27\/southwest-airlines-luv-earnings-q1-2023.html\">quarterly report<\/a> that the company planned to add a net 7,000 people to its staff this year, but will now have to &#8220;moderate&#8221; its targets.<\/p>\n<p>The company didn&#8217;t respond to a request to elaborate on how much it will need to reduce its hiring plans.<\/p>\n<\/div>\n<div id=\"ArticleBody-InlineImage-107232095\" data-test=\"InlineImage\">\n<p>Boeing employees sign a banner in front of a 737 MAX 8 produced for Southwest Airlines as Boeing celebrates the 10,000th 737 to come off the production line in Renton, Washington, U.S. March 13, 2018.<\/p>\n<p>REUTERS\/Jason Redmond<\/p>\n<\/div>\n<div>\n<p>Jordan said the company is trying to be &#8220;prudent&#8221; about its expectations for deliveries, which have repeatedly been delayed.<\/p>\n<p>&#8220;You plan way in advance to set your schedules, to set your capacity, and you&#8217;re wrong. It&#8217;s just really difficult to change that close in,&#8221; Jordan told CNBC&#8217;s Phil LeBeau in the interview. <\/p>\n<p>On Wednesday, Boeing said it\u00a0<a href=\"https:\/\/www.cnbc.com\/2023\/04\/26\/boeing-ba-earnings-q1-2023.html\">plans to ramp up output<\/a>\u00a0of 737 Max planes to 38 a month this year from a current rate of about 31 a month, a long-planned increase that was delayed by supply chain problems and labor shortages.<\/p>\n<p><span data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-7\"><a href=\"http:\/\/www.cnbc.com\/quotes\/AAL\/\">American Airlines<\/a><span><span id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><\/span><\/span><\/span> CEO Robert Isom also complained about delivery delays when the rival airline reported quarterly results on Thursday.<\/p>\n<p>&#8220;In terms of the aircraft manufacturers, both\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/BA\/\">Boeing<\/a>\u00a0and\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/AIR-FR\/\">Airbus<\/a>, they have to do a better job,&#8221; Isom said in an interview with CNBC&#8217;s &#8220;<a href=\"https:\/\/www.cnbc.com\/squawk-box-us\/\">Squawk Box<\/a>&#8221; following that report. &#8220;When we don&#8217;t receive a delivery on time, guess what? We&#8217;re going out and having to cancel flights. That affects thousands of customers.&#8221;<\/p>\n<p>&#8220;We&#8217;ve got to hold them accountable,&#8221; Isom said.<\/p>\n<\/div>\n<div id=\"Placeholder-ArticleBody-Video-107221366\" data-test=\"VideoPlaceHolder\" role=\"region\" tabindex=\"0\" data-vilynx-id=\"7000293938\" aria-labelledby=\"Placeholder-ArticleBody-Video-107221366\">\n<p><img decoding=\"async\" src=\"https:\/\/image.cnbcfm.com\/api\/v1\/image\/107223602-1681251798321-230404_Tech_AirplaneRecycling_fine00_00_09_19Still002.jpg?v=1681304401&#038;w=750&#038;h=422&#038;vtcrop=y\" alt=\"Why airplanes are still worth millions after they stop flying\"><span><\/span><span><\/span><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/04\/27\/southwest-airlines-scales-back-hiring-because-of-boeing-delays.html\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Marquis Antes<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Southwest Airlines is reducing its hiring targets for this year because of delays in new aircraft from Boeing, the carrier&#8217;s CEO Bob Jordan said Thursday. The Dallas-based airline expects to receive just 70 new 737 Max planes from Boeing this year, down from a previous forecast of 90, which will reduce its capacity growth plans [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":642183,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24079,534,22271],"tags":[],"class_list":["post-642182","post","type-post","status-publish","format-standard","has-post-thumbnail","category-boeings","category-financial","category-southwest"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/642182","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=642182"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/642182\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/642183"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=642182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=642182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=642182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}