Southwest Airlines reported declining quarterly earnings Thursday and said they will stop service at Syracuse Hancock International Airport in upstate New York, Bellingham International Airport in Washington state, Cozumel International Airport in Mexico, and George Bush Intercontinental in Houston. Meanwhile, they plan to scale back service at two other major hubs, Atlanta’s Hartsfield-Jackson International and Chicago’s O’Hare International.
CEO Bob Jordan said in an earnings release that the problems at Boeing have hurt the bottom line:
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…
