Southwest Airlines will be cutting jobs and ceasing operations at four airports while reducing flights from others to cut costs amid Boeing’s ongoing complications.
Southwest Airlines said on Thursday that delays in deliveries from Boeing (Southwest uses Boeing 737 planes) led to its cost-cutting measures, with a “loss of $231 million for the first quarter, worse than analysts expected, sending its share price down 10 percent in early trading,” according to the New York Times.
Southwest will cease operations at the following airports starting in August: Bellingham International Airport in Washington State, Cozumel International Airport, George Bush Intercontinental Airport in Houston, and Syracuse Hancock International Airport. It will also reduce flights at Hartsfield-Jackson Atlanta International Airport and Chicago O’Hare International Airport.
As Breitbart News
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