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Southwest Airlines (LUV) defers deliveries of 30 Boeing (BA) 737-800 jets by some four years,...

Southwest Airlines (LUV) defers deliveries of 30 Boeing (BA) 737-800 jets by some four years, saving more than $1B as the carrier extends a cap on fleet size and works to curb rising costs until it hits financial targets. Even as travel demand is strong, LUV CEO Gary Kelly wants to slow growth until hitting a goal of 15% return on invested capital.
Comments (3)
  • 15% R.O.I.....? When has this been accomplished by ANYONE in the Airline Business....? It would be terrific! if he can do it..
    16 May 2012, 07:15 PM Reply Like
  • Instead of LUV, how about BOB (Bucket O' Bolts Airline).

     

    What will it take to retire a 737?
    16 May 2012, 09:51 PM Reply Like
  • And American's aging MD-80 fleet, aka Boeing 717s that are so loud on takeoff ground conversations are obliterated by the engine's masking effect from loud levels of exhaust noise; get with it American!
    22 May 2012, 11:25 AM Reply Like
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