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- Aug 20, 2002
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Southwest's Momentum 'Stalls'; Used Boeing 737-700 Joins Fleet
By Steven Lott/Aviation Daily
10/06/2006 09:02:45 AM
Southwest will likely take 2007 to build frequencies within its existing markets rather than add new cities, reports CEO Gary Kelly, especially due to concern over a recent slowing of the strong revenue and yield growth seen during the summer.
"The momentum has stalled," Kelly told The DAILY yesterday in Washington. "We're not hitting our earnings targets."
Despite the slowdown, Southwest is still profitable and is in no danger of dipping into the red, Kelly said.
The top priorities remain adding capacity in Denver, Philadelphia, Las Vegas and Chicago.
Complete story
By Steven Lott/Aviation Daily
10/06/2006 09:02:45 AM
Southwest will likely take 2007 to build frequencies within its existing markets rather than add new cities, reports CEO Gary Kelly, especially due to concern over a recent slowing of the strong revenue and yield growth seen during the summer.
"The momentum has stalled," Kelly told The DAILY yesterday in Washington. "We're not hitting our earnings targets."
Despite the slowdown, Southwest is still profitable and is in no danger of dipping into the red, Kelly said.
The top priorities remain adding capacity in Denver, Philadelphia, Las Vegas and Chicago.
Complete story