4 more -700's coming from Boeing
Hey Tredding,
This scoop is from the 2nd QTR results live web-cast from last Thursday. SWA has taken 14 deliveries so far this year from Boeing. They are taking 4 more this year (2 in 3rd QTR and 2 in 4th QTR) for a total of 18 in 2002. To summarize the rest of the interesting info, they are looking at "cautious growth", with next year being in a "state of flux - no additional plans", and planning 14 a/c deliveries next year. Also, no new cities this year.
From an article I read the other day from "Airline Pilot Careers" magazine, SWA CFO Gary Kelly said in May, "It's as fluid for us as it has been for many years. I don't know whether that's going to be the right number or not". In 1990, Southwest had about 100 B-737's in its fleet, and in the ensuing period took on 60 more than expected, he noted. "This period feels similar to that. I would certainly admit that we have to be thinking about [buying more aircraft]."
My personal opinion:
I would be interested to know right now if SWA is looking at Midways ex -700's. If they're going to be parked, I'm sure a deal can be made to benefit both parties. Midway gets much needed cash for the pending US Airways Express deal, and SWA gets some fairly new -700's at a great price, w/o changing their delivery schedule with Boeing. Meanwhile, 50-60 poolies get out of the water sooner than expected. Just a thought.....
I'll toss you a towel.