Boeing Co.

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Other Pre-Announcement

Southwest Airlines Recently Reached An Agreement With Boeing Company To Take Delivery Of Delayed Max Aircraft

Published: 12/16/2020 11:50 GMT
Boeing Co. (BA) - Southwest Airlines Co - Recently Reached an Agreement With Boeing Company to Take Delivery of Delayed Max Aircraft.
Southwest Airlines Co - Currently Expects to Receive 35 Max 8 Deliveries, Including 16 Leased Aircraft, Through End of 2021.
Southwest Airlines Co - Taking Into Account Planned Retirements of Its 737-700 Aircraft, Company Does Not Intend to Grow Its Fleet in 2021.
Southwest Airlines Co - Details of Boeing Agreement Are Confidential.
Southwest Airlines Co - Continues to Experience Softness in Leisure Passenger Demand and Bookings for December 2020.
Southwest Airlines Co - Boeing Agreement Included Settlement of 2020 Estimated Damages Relating to Grounding of 737 Max 8 Aircraft.
Southwest Airlines Co - Currently Estimates the Softness in Leisure Passenger Demand and Bookings to Continue Into January 2021.
Southwest Airlines Co - Estimates Its Average Daily Core Cash Burn to Be Approximately $12 Million in Q4 2020.
Southwest Airlines Co - Remains Cautious Given Uncertainty of Near-term Revenue Trends.
Southwest Airlines Co - Continues to Expect Q4 Operating Expenses, Excluding Items, to Decrease in Range of 20 to 25%.
Southwest Airlines Co - Continues to Expect Fourth Quarter 2020 Capacity to Decrease Approximately 40 Percent, Year-over-year.
Southwest Airlines Co - Currently Estimates February 2021 Capacity to Decrease in the Range of 40 to 45 Percent, Year-over-year.