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Southwest airlines claim Boeing 737 Max's landing harms sales



The airline warned investors Wednesday it canceled 9,400 flights due to meteorological conditions and disputes with mechanics in addition to the grounding of the Boeing 737 Max. Southwest said the number of seats to sell in this quarter would be much smaller than expected because it does not fly so many planes. He says that 2,800 of the withdrawals are due to 737 Max Earthing.

The airline also revealed that it has reduced the number of flights by April 20, pending the extension of the grounding of its 737 Max Airplanes. Southwest also said it would lose a total of 2,800 flights in the quarter due to "unplanned maintenance interruptions arising from contract negotiations" with the mechanics alliance. The Union contests the airline's claim that members of the group are giving up sick or ordering additional work to put pressure on management during labor negotiations. Earlier, he said the softness of passenger bookings due to government closure would cost $ 60 million in the quarter.

According to him, the newest 737 Max grounding problems, maintenance and time problems will cost an additional $ 1

50 million in the quarter ending on Sunday.

Southwest stocks increased by more than 1% in the pre-market trade.
Southwest has more than 737 Max Airplanes than any other US airline. American and UAL ) also have airplanes in their fleets. On Sunday American Airlines, AAL the world's largest airline, announced it canceled its flights until April 24th.
The planes were grounded on March 13, after two fatal crashes in just over five months. Although Boeing and the Federal Aviation Administration say they are working on a software solution for the automated safety feature at the heart of these investigations, the global grounding of the aircraft is indefinite. 737 jets, 34 of which are 737 max. He has not indicated any plan to cancel or change his 737 Max orders with Boeing.


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