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Southwest Falls as Boeing Woes Force Hiring Freeze, Cost Review

(Bloomberg) -- Southwest Airlines Co. plans to cut capacity this year, halt most hiring and review its spending plans in response to reduced aircraft deliveries from Boeing Co., the planemaker facing regulatory and criminal investigations in the wake of a near-catastrophic accident in January.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Traders Bracing for Worst Shrug Off Hot CPI: Markets WrapChina Has Never Canceled This Many Shipments of US WheatN
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Source: yahoo.com

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Delta expects Boeing 737 Max 10 may be delayed until 2027, Bloomberg says

The airline announced in July 2022 that it would buy 100 Boeing 737 MAX 10 jets worth about $13.5 billion at list prices and has options to buy another 30 and was looking to begin receiving the planes in 2025. "We were already anticipating if it came in ‘25, it'd be late in the year," Delta's Chief Executive Officer Ed Bastian told Bloomberg in an interview Sunday. Delta is "comfortable" with protections it negotiated against possible delays in its contract...
Aurora Ellis Juby Babu Sandra Maler Ed Bastian Spirit Aerosystems Delta Air Lines Inc
Source: yahoo.com

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